The remuneration report for Kerry Group, published as part of this week’s annual report showed that CEO Edmond Scanlon’s total remuneration package increased by €1.5m last year to €6.04m. His basic salary was €1.327m, plus pension and benefits of €207,000.His short-term incentive plan payment of €2.6m was paid two-thirds in cash and one-third in shares which are deferred for two years.
The remuneration report for Kerry Group, published as part of this week’s annual report showed that CEO Edmond Scanlon’s total remuneration package increased by €1.5m last year to €6.04m. His basic salary was €1.327m, plus pension and benefits of €207,000.
His short-term incentive plan payment of €2.6m was paid two-thirds in cash and one-third in shares which are deferred for two years.
His long-term incentive plan payment of €1.9m which is included in Scanlon’s 2024 remuneration package was awarded in 2022.
In 2018, his first full year as CEO of Kerry Group, Scanlon’s package was €2.58m; 2024’s remuneration was a 230% increase on that level.
Kerry’s share price ended 2018 at €87.30 and it ended 2024 at €93.25, an increase of 6.8%.
Compensation
Chief Financial Officer, Marguerite Larkin also saw a jump in her total compensation in 2024, rising from €2.6m in 2023 to €3.53m last year.
Gerry Behan, CEO of Taste and Nutrition, saw his remuneration increase by €1.2m to €4.3m.
Total fees paid to bord members were €1.58m, with chair Tom Moran topping the list with €419,000.
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