Eircom boss got €1.2m last year

EIRCOM chief executive Phil Nolan was paid €1.2 million last year, it emerged yesterday.

Dr Nolan, who joined the company three years ago, received a basic salary of e€707,000 and a bonus of more than €510,000, the company’s annual report for 2004/2005 shows.

Eircom’s chief financial officer Philip Lynch was paid a total of €781,324. This package was made up of a basic salary of €466,400, a bonus of €268,180 and other perks worth €46,744.