Five directors of Horan Keoghan Ryan (HKR), one of Ireland’s largest architectural practices, shared salaries and pension contributions of more than €4.3 million in the last financial year. The directors who held offices during the year received €4 million in salaries plus €310,000 in pension payments. This represented a significant increase on the previous year, when they received combined salaries of €1.2 million. The jump came after the company increased its pre-tax profits by more than 200 per cent to €3.4million for the year ending January 31, 2006, according to accounts filed with the Companies Offices in recent days.
The Sunday Business Post