ICG chief gets €1m bonus in his 40% pay rise

IRISH Continental Group chief executive Eamonn Rothwell saw his pay sail 40% higher in 2007 after he pocketed a bonus of close to €1 million.

Mr Rothwell, who launched a failed bid to take over the ferry operator in 2007, was paid €1.42m up from the €1m package he received in 2006.

The company’s annual report shows that the bulk of Mr Rothwell’s remuneration was a performance bonus of €953,000 as the company saw its profits rise by 22%.