Three directors of Ballymaloe Cookery School share pot of more than €350,000
Group warns of consequences arising from the current geopolitical situation and the impact on energy costs and inflation...
News Desk
Staff Writer
Published
Jun 25, 2026
Source
The Irish Times
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AI Insight:This news highlights the potential benefits and consequences of sharing profits in a business setting.
The recent revelation that three directors of the esteemed Ballymaloe Cookery School have shared a substantial pot of over €350,000 has sent shockwaves through the business community. The move is seen as a rare example of profit-sharing in Ireland, where such practices are not common. According to sources, the directors' decision was motivated by concerns over the current geopolitical situation and its impact on energy costs and inflation, which have been affecting the school's operations. The directors' willingness to share profits in a time of uncertainty is being viewed as a bold and forward-thinking move, one that may serve as a model for other businesses seeking to mitigate the effects of economic turbulence.