The Irish Independent and the Daily Telegraph have picked up Manifest’s story about the Ryanair shareholder resolutions at Aer Lingus’ upcoming AGM.
“The Manifest Proxy Voting agency, a company that monitors corporate governance here and in the UK, has alleged that Ryanair is the only company not to reveal on its website how shareholders voted on resolutions debated at last year’s AGM. Kingspan belatedly posted the results of its 2008 AGM early this year.
The criticism came on the same day that Ryanair chief executive Michael O’Leary said he would be proposing pay cuts for Aer Lingus’ non-executive directors at the Aer Lingus AGM next month. “We are a little surprised at Ryanair given that their own corporate governance does not seem to be best practice,” Ms Wilson told the Irish Independent.”
The UK’s Daily Telegraph leads with the headline: More projectiles from O’Leary’s glass house, highlighting comments from Ryanair’s colourful CEO, Michael O’Leary: “It’s all about “transparency and openness”.
We look forward to more of that from Ryanair in the not too distant future.
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Last Updated: 22 May 2009