Whopping 44% pay rise for Glanbia boss

GLANBIA managing director John Maloney booked a 44% pay rise last year.

Mr Maloney, who has been with the Kilkenny-based company for a decade, was paid €927,000 in total, the company’s annual report reveals, €285,000 more than a year earlier.

However, even with the substantial pay hike, Mr Maloney remains one of the lower paid Irish bosses despite the company’s size and growing profits.