New BoI chair in line for €490,000

Bank of Ireland’s new chairman Patrick Kennedy — currently deputy chair but best known as a former chief executive at bookie Paddy Power — is in line for a pay hike of up to €364,000 if he is to be paid the same as outgoing chairman Archie Kane.

New BoI chair in line for €490,000

By Eamon Quinn

Bank of Ireland’s new chairman Patrick Kennedy — currently deputy chair but best known as a former chief executive at bookie Paddy Power — is in line for a pay hike of up to €364,000 if he is to be paid the same as outgoing chairman Archie Kane.

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