Four Total Produce executives share €3.2m pay package

The four executive directors of Total Produce shared in a pay package of €3.2m which included salaries, bonuses, and share options.

The Dublin-based fruit distribution company reported a strong set of returns for their trading last year. The company, which is the former general produce arm of Fyffes, recorded a 2.3% increase in 2011 pre-tax profits, to €34.4m.

Following the company’s strong performance, the remuneration committee decided to pay the directors their annual salaries of €2.67m as well as a further €549,000 in share options.