Ryanair restores pay and bonus of Michael O’Leary to pre-Covid level of €975k

Michael O’Leary also has other share-based incentives which the company valued at almost €1.8m last year. 

Ryanair boss Michael O'Leary has taken a hit on his 3.9% stake in the airline.

Ryanair has restored the pay of its group chief executive Michael O’Leary to pre-pandemic levels, with his combined pay and bonuses increasing to €975,000, according to its annual report.

The Ryanair boss had taken a hit to his combined pay and took home €250,000 during the pandemic. Mr O’Leary’s pay has now rebounded in the 12 months to the end of March of this year after the airline restored a bonus worth €475,000.