TD calls on Kerry and Glanbia bosses to return part of bonuses

THE top executives of Kerry Group and Glanbia have been urged by former food minister Ned O’Keeffe, TD, to hand back large chunks of their bonus payments as a gesture of solidarity with farmers trying to cope with the worse milk price in Europe.

Mr O’Keeffe, a Fianna Fáil candidate for the European Parliament in Ireland South, directed his plea at Kerry Group chief executive Stan McCarthy and Glanbia group managing director John Moloney.

The Cork East politician said Mr McCarthy should hand back 70% of his bonus and Mr Moloney should return 50% of his.