Business

Pay drops for DCC boss despite jump in profits

Chief executive Donal Murphy sees long-term incentive plan take a hit, though operating profit up 11 per cent

The amount paid to Donal Murphy, the DCC chief executive, fell by €33,000 in the 12 months to March 2022 to €3.69 million. Picture: Maura Hickey

The amount paid to Donal Murphy, the DCC chief executive, fell by €33,000 in the 12 months to March 2022 to €3.69 million.

Dublin-headquartered DCC has operations in everything from fuel oil distribution and liquefied petroleum gas (LPG) to technology distribution and even healthcare. The company employs some 15,000 people globally.

During the 12-month period, Murphy’s basic salary increased by 3 per cent, which was broadly in line with wage increases across the group as ...