THE top four executives in Greencore, the food group, took home a cumulative €4.56m last year, a hefty rise of 55%.
Patrick Coveney, the company’s chief executive, got a 26% boost in his remuneration package, to €1.58m. He earned a performance bonus of €644,000. His total package has risen 129% over two years.
Greencore’s group operating profit rose a comparatively modest 17.6% during 2010 to €59.7m, as revenues increased 6.9% to €856m.
Diane Walker, the chief executive of Greencore’s convenience foods division in Britain, earned a total of €1.12m, boosted by a performance bonus of €667,000.
Geoff Doherty, the group finance director, earned €1m in his final year with the company before joining Kingspan, the insulation firm. His salary increased 37%. Tony Hynes, the chief