:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/OPAK3GYAOKWALSLA6T4Z5K3A6Q.jpg)
Five directors at Irish-based aircraft leasing company Pembroke Capital last year shared a pay pot of $3.2 million (€2.9 million).
Accounts just filed with the Companies Office by Pembroke Capital Ltd and subsidiaries show the five directors received the remuneration as the firm posted record pretax profits of $6.95 million.
The directors are listed as William McCallum, Roselyne Renel, Chris Helme along with Irish men Kieran Corr and Peter Moylan.
The return to profit after a loss of $26.67 million in 2017 came in spite of revenues declining 20 per cent from $167 million to $132.9 million.
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/PB22FVEEXE64ANCUPRHCFWM6SQ.jpg)
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/BOCCKLJRV6L2B3ERI6EUET7AA4.jpg)
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/SZBTILLDYDTCZCMUDOKYYU7V6U.jpg)
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/5UJMF66KGPFT3OYOZG3M6EYGNY.jpg)
The company recorded an impairment charge of $18 million.
The directors’ pay was 5.5 per cent higher than in 2017, but the number of directors increased from four to five last September.
Pembroke Capital’s 45 employees shared pay of $10.9 million. In addition, share-based payments to staff increased from $41,000 to $3.1 million.
:quality(70)/s3.amazonaws.com/arc-authors/irishtimes/6e8ec300-40e5-4306-a133-026729d6d8b8.png)