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48% leap in pay package for Kerry chief executive

This article was originally published in Dairy Markets

The head of the Kerry group could be one of the best paid people in the European dairy industry. According to the Irish Independent newspaper, Stan McCarthy saw his pay package increase by 48% last year to €1.52 million, when he stepped up to become the chief executive of Ireland's biggest company. This means his salary package is worth more than that of his predecessor, Hugh Friel, who earned €1.4m.

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