Ryanair extends Michael O’Leary’s contract to 2028

By Lisa James
07/12/2022
Home » Ryanair extends Michael O’Leary’s contract to 2028

Ryanair Group CEO Michael O’Leary will remain in post until July 2028 under a contract review.

Michael has been at the helm of Ryanair since 1994, moving from CEO to Group CEO in 2019.

He had been due to stand down in 2024.

Ryanair also announced former Irish Aviation Authority Chair Ann Nolan has been appointed a Non-Executive Director with immediate effect.

Chairman Stan McCarthy said: “I am pleased to welcome Anne Nolan to the Board as Ryanair’s newest NED. 

“Anne brings considerable aviation, business and regulatory experience to the role.  We all look forward to working with her over the coming years to achieve Ryanair’s ambitious growth and environmental goals.

“The Board are also pleased that Michael O’Leary has agreed to extend his leadership of the Ryanair Group to July 2028. 

“During this time Michael will oversee the Group’s growth to 225m passengers p.a. and, with Board support and oversight, develop the Group’s strategy to the end of the decade.  

“This contract extension, which involved extensive engagement with large shareholders and proxy advisors, is subject to the adoption of an amended Remuneration Policy which will be tabled at Ryanair’s 2023 AGM.” 

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