Paddy Power Betfair chief executive’s pay package nears €2m
Peter Jackson’s remuneration package includes £622,000 bonus
Peter Jackson’s remuneration package includes £622,000 bonus
Peter Jackson succeeds Breon Corcoran at helm of betting group
Profit at bookmaker jumps 19 per cent to €440 million
Cantillon: Shares tumble 2.7% as Alex Gersh follows CEO Breon Corcoran out the door
Market report: Iseq closes down despite rally as FTSE gains amid reignited concerns about Brexit and as the euro held onto most of its gains against sterling last week
Departure of Alex Gersh follows last summer’s surprise exit by Breon Corcoran
Former Paddy Power chief executive paid a total of €2.15m in salary, benefits and shares
Activist consultants claim Andy McCue’s €3.7m salary in 2015 was ‘excessive’
Former chief executive received payment in salary, benefits and shares last year
Company confirms management changes
Bookmaker agrees terms of Betfair merger giving Paddy Power shareholders a 52% stake in new Dublin headquartered company
Planned merger would create one of world’s biggest betting companies
News comes as Paddy Power reports 33% jump in operating profit
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