Latest / The Niall Boylan Podcast (They Told Me To Shut Up)
#849 Why Is the ESB Boss Getting Richer as Customers Get Poorer?
Niall speaks to Independent Ireland TD Ken O’Flynn about the Government approved decision to award ESB chief executive Paddy Hayes a pay increase of almost €92,000, bringing his annual salary to €410,000.
The increase of 29 per cent was approved by Public Expenditure Minister Jack Chambers following a recommendation from Energy Minister Darragh O’Brien. ESB says the salary reflects the scale and complexity of the organisation and points out that it is the first increase in the chief executive’s salary since 2011. The company reported revenues of €6.73 billion and a pre tax profit of almost…
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