Shannon Airport chief’s pay rises to €281k

The CEO of the Shannon Group last year enjoyed a sharp jump in his overall remuneration package to €281,869, figures show.

Shannon Airport chief’s pay rises to €281k

The group’s 2014 annual report discloses that Neil Pakey received the sum in his first full year at the group that operates Shannon Airport. Mr Pakey’s total pay was made up of €174,530 in basic salary, along with pension contributions of €91,875 and taxable benefits of €15,464.

His basic salary remained the same from 2013. However, a note attached to the accounts states that “pension contributions represent an accrual of pension contributions which have not yet been paid, of which €30,789 relates to 2013 from date of appointment and €61,086 relates to 2014”.

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