Kerry Group awards new share options to senior executives

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Kerry Group awards new share options to senior executives
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Filings show top executives Edmond Scanlon, Marguerite Larkin and Gerry Behan all received options as part of company’s bonus scheme

Listed food giant Kerry Group has issued a clutch of new share options to its top executives as part of the company’s bonus scheme.

At Kerry’s share price, Ms Larkin’s options, when vested, would be worth €387,204, while Mr Behan’s would be worth €466,908. Details of the options were released in stock market filings this week. Mr Scanlon had basic pay in 2022 of €1.2 million, which with share incentive awards of about €2.3 million – as well as pension and benefits – gave him a total remuneration of just under €3.9 million.

Mr Behan had a total package of €2.8 million, of which $1.6 million was share-based, with the share element denominated in dollars since he is based in the United States.

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