business

Kingspan executives enjoy €7m share bonanza after €8bn revenues

Building insulation specialist reported 2022 revenues of €8.3bn earlier this month

Gene Murtagh: Kingspan chief executive was awarded options worth €2.13m based on the company’s current share price. Picture: Bryan Meade

Kingspan executives, including Gene Murtagh, have been granted share awards worth more than €7 million, new filings show.

Options collectively worth €5.74 million at the company’s current share price of €62.84 price were awarded to Murtagh, the chief executive, Geoff Doherty, the chief financial officer, and executive directors Gilbert McCarthy and Russel Shiels.

Murtagh was granted 33,917 shares – worth around €2.13 million at the company’s current share price.

Doherty was awarded 19,489 shares, which ...