Sharp rise in PTSB executives earning over €100,000
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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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures