Tuesday July 7, 2020

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.

...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Lender had securitised loans previously acquired from ICS into special purpose vehicle now worth €110 million

Ian Guider | 2 days ago

The Rebuilding Ireland Home Loan scheme will make mortgages available to some who cannot get approval privately

Peter O'Dwyer | 2 days ago

Central Bank governor Gabriel Makhlouf says Irish financial system needs to ‘get ahead of the curve’ and assess risks

Daniel Murray | 2 days ago