FBD pays out €2.5m in share awards to top executives | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 71%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

FBD pays out €2.5m in share awards to top executives, evadiminutive reports.

Roughly 1,000 of the insurer’s customers are yet to receive full compensation for business interruptions during the pandemic. Picture: RollingNews.ie

FBD Group, the Irish insurance giant, paid out almost €2.5 million in share awards to a number of its top executives last week. Tomás Ó Midheach, chief executive, and John O’Grady, chief financial officer, were among the recipients, receiving 40,404 and 43,551 shares respectively with a current market value of €396,000 and almost €427,000.

The shares were awarded as part of FBD Holdings performance-base scheme, a typical remuneration instrument for executives at large...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Aylien looks to raise €15m as backers provide extra €2.7m in funding | Business PostThe company has developed natural language and text processing tools to provide companies and organisations with early signals of critical risk events
Source: businessposthq - 🏆 8. / 71 Read more »

Aylien looks to raise €15m as backers provide extra €2.7m in funding | Business PostThe company has developed natural language and text processing tools to provide companies and organisations with early signals of critical risk events
Source: businessposthq - 🏆 8. / 71 Read more »

CapVest moves to block rival bid for Virtus shares | Business PostSeamus Fitzpatrick’s €5 billion equity fund has objected to an unsolicited offer to the fertility services firm from Australian-run BHG Capital
Source: businessposthq - 🏆 8. / 71 Read more »

Ian Guider: Public sector pay rises will only dig us deeper into inflation crisis | Business PostBenchmarking social welfare rates to inflation would make more sense than an across-the-board percentage pay rise for all ianguider Someone should tell Robert Watt!
Source: businessposthq - 🏆 8. / 71 Read more »