Glanbia bosses get 20% pay rise

THE directors of consumer foods and agribusiness group Glanbia got a 20% pay rise last year.

Total pay for the 21 executive and non-executive directors was €2.73 million, up from €2.29m, the company’s annual report for 2004 shows.

Salaries for the four executive management team increased by €373,000 to €2.3m. The part-time non-executive directors shared €419,000.