ESB chief: Govt may struggle to find successor under salary cap

ESB Chief Executive Padraig McManus has said he believes the Government will struggle to get someone to replace him for the intended salary cap of €250,000, when the bosses of failed banks are paid €500,000.

Mr McManus, who steps down later this year, earned €750,000 in 2009 and this year his salary will come in at between €450,000 and €500,000.