Sharp rise in PTSB executives earning over €100,000

Sharp rise in PTSB executives earning over €100,000
Chief executive Jeremy Masding

182 bankers received pay and pensions worth more than €100,000

The number of senior executives at Permanent TSB who are earning more than €100,000 jumped by almost 14 per cent last year.

A total 182 bankers received pay and pensions worth more than €100,000 compared with 160 in the previous year, according to figures published recently by the mostly state-owned bank.

Two individuals, chief executive Jeremy Masding and the former finance director Glen Lucken, were each paid more than €400,000.

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