Markets

Analysis: How Irish company directors are outliers when it comes to having skin in the game

Just four listed Irish companies have a board where every member has a stake in the business

Michael O’Leary: The directors of Ryanair hold just 4 per cent of the overall shares

Board members of Irish companies could face increasing ire as they have not aligned their fate with that of shareholders, an analysis by the Business Post reveals.

Last week things got heated at Ires Reit’s emergency general meeting (EGM) when an activist investor called out the directors for not holding significant volumes of shares.

Jeffrey Olin, chief executive of Vision Capital, used his speaking time to query the amount of shares a particular director held.