Paddy Power Chief Earns 1.42m in 2009
The chief executive of Paddy Power Patrick Kennedy was paid a total of 1.42m for 2009, which was up marginally on the 1.39m sum he received in 2008.
Details of the bookmakers’ executive remuneration were contained in its annual report published this afternoon.
Kennedy’s pay package included a salary of €678,000, pension payments of €203,000 and an annual bonus of €500,000 for 2009.
The bookmakers’ managing director of non-retail and development Breon Corcoran earned a total of €827,000 for 2009, which included an annual salary of €460,000 and an annual bonus of €280,000.
Meanwhile, Paddy Power’s finance director Jack Massey earned a total of €555,000 in 2009, which included a salary of €300,000 and an annual bonus of €168,000.
Pictured: Patrick Kennedy, Chief Executive, Paddy Power