Grafton chairman's pay down €300 000
Published:  26 April, 2010

DUBLIN: Michael Chadwick, chair of builders' merchant group Grafton, saw his remuneration package reduce to €661 000 in 2009, from €987 000 a year earlier.

According to the group's annual report, Mr Chadwick waived his entitlement to a pension allowance of €307 000 for 2009.

The total remuneration paid to Grafton's four executive directors declined from almost €3.3m in 2008 to €2.6m last year.

The group's non-executive directors received fees totalling €350 000, unchanged from 2008.

Grafton directors received no basic salary increases since 1 July 2007.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.