Bank of Ireland CEO Richie Boucher was paid a total of €623,000 last year. [A] spokesperson said Mr Boucher’s core salary was €500,000, which was within the Government’s salary cap.
He was paid a further €123,000 as pension cash allowance for waiving his right to retire at the age of 55.
Well, at least BoI recorded a loss of only €190 million last year.
And it’s not like Richie was around when all the problems started.
Having joined the bank in 2003.
We’ll see ourselves out.