Health

Beacon Hospital chief received multimillion payout in 2021

Michael Cullen earned a dividend in excess of €2.5 million from the Sandyford-based private healthcare facility

Michael Cullen, chief executive of Beacon Medical Group: details of the dividend in excess of €2.5 million were included in the latest accounts published by Glidevale Limited, a firm joint owned by Cullen and Dolores Cullen that was set up in 2014.

Michael Cullen, the chief executive of the Beacon Hospital, collected a multimillion-euro payout in 2021 as a result of his holding in the Sandyford-based private healthcare facility, new financial filings have shown.

Details of the dividend were included in the latest accounts published by Glidevale Limited, a firm joint owned by Cullen and Dolores Cullen that was set up in 2014. The filing showed that the firm, which has a stake in the holding company ...