ESB CEO Gets 29% Pay Hike | Cork News

ESB CEO Paddy Hayes is set to earn €410,000 annually — a 29% jump — after government approval, reflecting the scale of his company’s operations and a €750 million pre-tax profit last year. This marks the first pay increase for his role since 2011, joining 19 other commercial state body CEOs who recently received similar boosts. The three-year deal, tied to performance targets, was recommended by the Minister for Energy and approved by Finance Minister Jack Chambers on July 6th, with the ESB chair praising the move as aligned with the company’s strategic goals. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/370c188988075a22