Ryanair extends contract of CEO Michael O’Leary to April 2032

Related news

Ryanair Holdings PLC on Friday announced an extension to the contract of Chief Executive Officer Michael O’Leary.

The Dublin-based airline company said O’Leary’s contract now runs until April 2032, following months of discussion with him and extensive engagement with Ryanair’s largest shareholders.

The new contract includes a ‘modest’ annual salary and a capped annual bonus, the company said.

Ryanair Chair Stan McCarthy said: ‘As previously announced, this spring the board commenced discussions with MOL on his contract. I am pleased to report that this process, which included extensive engagement with Ryanair’s largest shareholders, has successfully concluded with Michael agreeing to extend his leadership of the Ryanair Group for the next 6-years to April 2032, for the benefit of all shareholders.’

Ryanair shares fell 1.2% to €25.54 each on Friday afternoon in Dublin.

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Directors

Ways to help you invest your money

Our investment accounts

Put your money to work with our range of investment accounts. Choose from ISAs, pensions, and more.

Need some investment ideas?

Let us give you a hand choosing investments. From managed funds to favourite picks, we’re here to help.

Read our expert tips and insights

Our investment experts share their knowledge on how to keep your money working hard across the markets.