Aryzta withholds CEO Killian's bonus 03 October 2016 Free
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 company. It says that it will be paid once there is a resumption of growth in earnings. The remuner...
Source: farmersjournal.ie