Owen Killian News Today

Swiss baker believes Irish-created multinational made the mistake of getting bogged down in financial engineering, not customer taste and product innovation

Straw bales in the landscape. The company behind Cuisine de France has failed to restore investor confidence following a loss of contracts in the US and the acquisition of a 49% stake in French frozen food company Picard. Owen Killian, who has been one of the highest-paid executives in Ireland, received a basic salary of €1.27m in 2016. Despite seeing his total compensation increase 60% last year to reach €2.3m, his performance-related bonus of €877,000 has been withheld, according to the...