Ryanair 2016 Annual Report Download - page 189

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189
(b) Fees and emoluments – non-executive directors
Year ended
Year ended
Year ended
March 31,
March 31,
March 31,
2016
2015
2014
€M
€M
€M
Fees
David Bonderman
0.10
0.10
0.10
Michael Cawley
0.05
0.03
—
Michael Horgan (i)
0.02
0.04
0.04
John Leahy (ii)
0.02
—
—
Charles McCreevy
0.05
0.05
0.05
Declan McKeon
0.05
0.05
0.05
Kyran McLaughlin
0.05
0.05
0.05
Howard Millar (iii)
0.02
—
—
Dick Milliken
0.05
0.05
0.03
Julie O’Neill
0.05
0.05
0.05
James Osborne
0.05
0.05
0.05
Louise Phelan
0.05
0.05
0.05
0.56
0.52
0.47
Emoluments
Michael Horgan (i)
0.02
0.04
0.04
John Leahy (ii)
0.02
—
—
Share based compensation
0.30
0.06
—
Total
0.90
0.62
0.51
(i) Michael Horgan resigned from the Board of Directors in September 2015.
(ii) John Leahy was appointed to the Board of Directors in August 2015. Capt. Leahy notified the Board of his wish to not stand for
re-election at the AGM in September 2016. Capt. Mike O’Brien was appointed to the Board to replace Capt. Leahy in May 2016.
(iii) Howard Millar was appointed to the Board of Directors effective in August 2015.
(c) Pension benefits
From October 1, 2008, Michael O’Leary was no longer an active member of a Company defined-benefit plan.
The total accumulated accrued benefit for Michael O’Leary at March 31, 2016 was €0.1 million (2015: €0.1 million; 2014
€0.1 million). Pension benefits have been computed in accordance with Section 6.8 of the Listing Rules of the Irish Stock
Exchange. Increases in transfer values of the accrued benefits have been calculated as at the year-end in accordance with
version 1.1 of Actuarial Standard of Practice PEN-11. No non-executive directors are members of the Company defined-
benefit plan.
Michael O’Leary is a member of a defined-contribution plan. During the years ended March 31, 2016, 2015, and
2014 the Company did not make contributions to the defined-contribution plan for Michael O’Leary. No non-executive
directors are members of the Company defined-contribution plan.
(d) Shares and share options
(i) Shares
Ryanair Holdings plc is listed on the Irish, London and NASDAQ stock exchanges.