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Proposed salary hike for CEO irks dairy farmers ahead of Glanbia AGM in Kilkenny

KCLR96FM News & Sport by KCLR96FM News & Sport
24/04/2019
in KCLR News, News & Sport
Shareholders to vote on Glanbia Ireland proposal today
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A recommendation to add 22% to Glanbia Chief Executive’s salary is expected to be a hot topic at the company’s AGM later.

The remuneration committee’s proposed that Siobhan Talbot’s annual sum increase from over €850,000 to €1.05 million.

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Farm & Rural Affairs Chairman of the ICMSA Denis Drennan is from Dunbell – he’s told KCLR news that the suggestion of such a rise is a bit hard to take at a time when dairy farmers have seen a 1 cent per litre cut in their milk price.

 

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