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ESB Boss Gets Major Pay Hike | Dublin News

ESB Boss Gets Major Pay Hike | Dublin News

Published 1 week, 3 days ago
Description

ESB boss Paddy Hayes just landed a massive 92,000 euro pay bump—his first raise since 2011—bringing his salary to 410,000 euros annually, approved by Minister Jack Chambers after a review of top exec pay at state firms. Tied to performance goals over three years, the move reflects ESB’s scale: nearly 750 million euros in profit last year on 6.7 billion euros in revenue and 10,000 employees. His 2026 salary dips to 363,000 euros but gains more pension—still a hefty package. He’s not alone: 19 other state body CEOs got raises, with more proposals pending.

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