Four Kerry Group bosses paid €5.2m

KERRY Group’s top four executives were rewarded by a combined pay and pension package totalling €5.2 million in 2010 the annual report for last year shows.

That figures compares with the €4.9m in 2009 and reflects a very good performance by the group last year as turnover, margins and profits were well ahead of the previous year.

Chief executive Stan McCarthy was paid €2.1m (2009: €1.75m) with a performance-related bonus of over €1m making up the largest part of his remuneration for the year.