Flavin's bonuses:DCC founder and executive chairman Jim Flavin (64) received a special bonus of €150,000 for the year to the end of March 2006 "in recognition of the exceptional demands" placed on him "arising from the successful defence of the action taken by Fyffes against DCC".
He received a further "special bonus" of €39,000 in the year to the end of March 2007 in respect of the case.
However, with the outcome of the multimillion-euro legal confrontation between DCC and Fyffes overturned on appeal by the Supreme Court, it is unclear what the future is for Mr Flavin.
He continues to have the full support of the board, sources close to DCC said yesterday.
Mr Flavin founded DCC in 1976. His background was in banking, with a role as head of AIB's venture capital unit prior to the establishment of DCC.
Mr Flavin was deputy chairman of Eircom, a non-executive role, until its acquisition by telecoms company Valentia in 2001.
His former role as a director of Fyffes and the holder of a 10 per cent stake in it sprung from a 20-year association with the company. In the 1980s, he was an associate of Neil McCann, whose company Fruit Importers of Ireland (FII) bought Fyffes in the 1980s.
In February this year, Mr Flavin expanded his role with DCC from chief executive to executive chairman, which is a rare amalgamation of roles among Irish public companies.
DCC is a sales, marketing and business support services group employing 6,000 people. Listed on the Irish and London stock exchanges, it is involved in a range of areas, with interests in the food, energy, healthcare and technology sectors.
It was expected before the outcome of the insider trading appeal that Mr Flavin would give up his role as executive chairman and become a non-executive chairman in three years time.
In DCC's last financial year, he was paid a total of €1.52 million, down from €1.625 million the previous year.
Mr Flavin's expanded role as executive chairman would indicate that he is in line for higher remuneration for DCC's current financial year.
