Aryzta chief has highest Irish pay

ARYZTA chief executive Owen Killian saw his total remuneration jump by around €5 million to €7m in the group’s last financial year, making him the highest paid head of a publicly-quoted Irish company.

According to the Irish-Swiss bakery group’s latest annual report, covering the 12 months to the end of July and published yesterday, Mr Killian’s total package amounted to 8.57m Swiss francs (€7m); up from 2.45m Swiss francs (€2m) in the previous year.

That figure consisted of a basic salary of 1.28m Swiss francs (€1.05m); benefits in kind of 83,000 Swiss francs; pension contributions of 191,000 Swiss francs; performance-related bonuses amounting to 894,000 Swiss francs and long-term incentives of 6.12m Swiss francs.