Michael Olieri, Ryanair coach, strikes the goal of a bonus of 100 million euros

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Ryanair coach Michael Olieri qualified for stock options worth more than 100 million euros after the airline’s shares achieved a major performance in performance, paving the way for one of the largest payments in the history of European companies.

The shares of the low -cost transportation company were closed at 23.74 euros on Thursday, which means that they were closed by more than 21 euros for the 28th day in a row, as it faced one of two conditions related to the O’Leari wage deal.

The 64 -year -old will have to stay in Ryanaire Until the end of July 2028 to collect stock options – at a value of more than 111 million euros – as part of the agreed incentive scheme in 2019.

OlryAnd, who was famous for his intense style, defended a possible storm earlier this month after Ryanair informed a decrease in the profits of the entire year.

He said: “I think we are offered an exceptional value to the shareholders in Ryanier in the era when football players or managers get 20 million euros to 25 million euros annually.”

He added that Ryanair shareholders were “getting a special value of our stock options – both mines and the rest of the management team.”

O’Leary said that since the options will not swing for another three years, it must be “the rest of the management team to stay here until 2028 and continue delivery before we can already get these sharing options.”

“Therefore, they do not come for another three years, and a lot can happen from time to time,” he added.

O’Leary also indicated that he could remain in the airline when his current contract ended in 2028.

He said: “My contract is running out in 2028 and there must be some discussions that I assume with the council on how to fix my rewards from 2028 onwards, if they want to stay after 2028.”

The potential wage deal for O’Learey is compared to József Váradi, the head I have already approved This traded shares are unlikely to be much lower than this level.

Packages of bumper salaries are more common in the United States. GE Aerospace CEO, Larry Collip, received $ 89MN In 2024, making it one of the highest American executives.

Some European companies, including the London Stock Exchange Group, are paid to obtain higher salary rewards for their executives.

Since he became the CEO of Ryanair in 1994, O’Learey has raised the growth of suspended airlines as it has grown from a small regional airline to a force in global aviation.

The airline has strengthened its location as an undisputed leader in low -cost European aviation after using the epidemic disorder to increase its market share while criticizing the weakest competitors.

O’Leary receives a basic salary of 1.2 million euros annually, but also has a stake in Ryanair about 930 million euros.

Under the agreed plan in 2019, he received options to buy 10 million shares at 11.12 euros each if the price of the airline’s share reached 21 euros for 28 consecutive days, or recorded 2.2 billion euros in annual profits after taxes at any time until 2028.

“If the share price remains above 21 euros until the game is closed on Thursday, May 29, the share price will be met for 28 days. However, this is only one of two conditions for the stock options that you must reach,” Riannaire said.

Additional reports by Patrick Timble West in New York