Monday June 1, 2020

The Last Post with Matt Cooper

Is Gary McGann ignoring his own advice by taking a High Court case over a tax bill on a €2.3m payment?

20th October, 2019
Gary McGann, former chief executive at Smurfit Kappa, insists that a €2.3 million payment was not a bonus Pic: Bloomberg

Who do you think said this is in an interview four years ago? “Risk and courage needs to be rewarded properly. But then tax and distribute appropriately. I’m not a capitalist.”

It was Gary McGann, one of the most prominent figures in Irish corporate life in recent decades, chief executive of Smurfit Kappa for 17 years, of Aer Lingus before that, and chairman of multiple boards, including Flutter and Aryzta at...

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