Saturday December 7, 2019

Ex-AIB chief Duffy paid nearly €4m at Virgin Money

Executive’s pay package at British lender rose 80 per cent on previous year

Ian Guider

Markets Editor

@ianguider
29th November, 2019
David Duffy led the merger of Clydesdale & Yorkshire Banking Group with Virgin Money last year. Picture: Shane O‘Neill

David Duffy’s annual pay package as chief executive of Virgin Media has risen by more than 80 per cent to nearly €4 million.

The former AIB chief executive oversaw the merger of Clydesdale & Yorkshire Banking Group with Virgin Money last year and he leads the combined group. According to its annual report published this week, he was paid a total of £3.4 million (€3.9 million) in the 12 months to the end of September.

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