Ex-AIB chief Duffy paid nearly €4m at Virgin Money
Executive’s pay package at British lender rose 80 per cent on previous year
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!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Billy Kelleher: Digitisation of financial services requires complex and clever regulation
As the financial and digital sectors become ever more intertwined, the risks become greater, and a balance is needed between effective oversight and an open and attractive EU
Tom Maguire: Staying competitive from a corporation tax perspective
There will be much to talk about in how we shape our corporation tax regime into the future, and it will be good to talk
Mortgage rules raise doubts over shared equity housing scheme
Plan to help first-time buyers may clash with retail banks’ obligations under existing mortgage rules
How to survive when tax and the Jurassic economy collide
We need to ask the right questions now, as two new tax consultations going through the Department of Finance will affect future spending and taxation