June 18, 2019
Business News

Glanbia boss Siobhán Talbot in line for €2.4m shares windfall: report

GLANBIA Managing Director Siobhán Talbot is in line to be granted shares worth around €2.4m under the Kilkenny-based food giant’s long-term incentive plan.

The Sunday Times today reported that Ms Talbot, who is from Kilmoganny, has been provisionally allocated 145,752 shares, which will be awarded if she hits certain performance targets.

It is estimated the shares would be worth around €2.4m, based on Glanbia’s current share price.

Ms Talbot recently agreed a new three-year deal to remain as Glanbia’s group managing director.

Glanbia reported a strong set of results in February as revenue from its wholly owned businesses increased by 4.1% to €2.39 billion.

 

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