Ian Guider: Yes, they are worth it – why good chief executives can justify their high pay

The High Pay Centre has called for a more equitable pay system that benefits all employees, but chief executives are often the very reason a firm makes huge profits

Albert Manifold, chief executive, CRH, has turned the company into a €40 billion behemoth. Picture: Maura Hickey

Albert Manifold is approaching a decade at the helm of the global building materials company CRH. Over that time, the share price has trebled thanks to assiduous dealmaking that has turned the company into a €40 billion behemoth. And thanks to consistent returns to shareholders, Manifold has been handsomely rewarded with a pay packet in excess of €10 million for the last few years. Instead of being celebrated for the wealth he has created for ...