Former chief executive nets €464,000 on departure

FORMER Permanent TSB chief executive Brian McConnell left the bank with a “termination payment” of €464,000, it emerged yesterday.

Former chief executive nets €464,000 on departure

The payment was revealed in the 2005 annual report for Irish Life & Permanent, which owns the bank.

Mr McConnell left Permanent TSB at the end of last June to make way for Denis Casey.

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