Anglo Irish Bank CEO David Drumm, (40), enjoyed a hefty pay package worth more than €3m in 2006 - his first year in the job.
The annual accounts show that he was paid €3.015m - which includes a salary of €818,000, a performance bonus of €1.3m, €600,000 in deferred bonus payments, €39,000 in benefits and a €258,000 pension contribution.
Tom Browne, who heads up the bank's lending division in Ireland and is in charge of Anglo's HR department, was paid €1.69m, including a salary of €435,000 and an annual bonus of €750,000.
Group Finance Director, William McAteer, pocketed €1.776m in compensation and benefits. His annual performance related bonus was €800,000 and his salary was also €435,000.
The pay total combined for the top six executive directors at the bank was around €7.77m.
Non-executive director and chairman Sean Fitzpatrick was paid €363,000.
Speaking at today's AGM, Sean Fitzpatrick said the bank has performed strongly in the first four months of 2007 in all its activities. He said he strongly expected the trend to continue throughout the year.
In response to shareholder questions about yesterday's share issue which was limited to institutional investors, Mr Fitzpatrick said the issue had to be dealt with quickly to avoid the prospect of any negative sentiment hitting the share.
He said the subscription had been well supported and that the share price reflected this judging by last night's closing price of €16.05, a gain of 3.5% on the day.
He said the bank 'wanted to walk before it ran in the US', and he didn't foresee the opening of any more offices in the US in the near future.
He said last year had been the bank's most successful year to date, and this was achieved through the simple delivery of its offering and paying close attention to risk and costs.
It was this focus on cost which saw the bank's cost income ratio fall two points to 26.5%.
