Saturday 24 March 2018

Directors and top staff at PR firm Q4 PR share €2.9m pay

Angie Kinane
Angie Kinane

Gordon Deegan

Directors and key account management personnel at top Dublin PR firm, Q4 PR shared a pay-bonanza of €2.9m last year.

The directors are listed as Jackie Gallagher, Gerald O'Sullivan, Martin Mackin and Angie Kinnane.

According to the accounts, the directors and key account management personnel were last year paid €2.65m.

This was marginally down on the €2.7m paid out to the group in 2015.

In addition, in 2016 the company paid out €285,000 in pension contributions to the directors and the key members of staff.

Overall pay - including pension contributions for the four directors and the key account management personnel - last year dipped marginally, from €3.08m to €2.94m.

Some of the firm's blue chip clients include Bank of Ireland, VHI, Tesco Ireland, Coillte Goodbody Stockbrokers, American Chamber of Commence, Medtronic, GE and DELL-EMC.

The firm operates in a range of sectors representing firms from financial services, technology, retail, utilities, energy, healthcare, public sector and consumer goods and services.

Numbers employed at the firm have grown from 18 to 26 in the last three years as the firm has increased its portfolio of national and international clients.

The new abridged accounts filed with the Companies Office show that at the end of June 2016, the firm was sitting on accumulated profits of €1.871m that represented a marginal increase on the €1.853m in accumulated profits at the end of June 2015.

At the end of last June, the firm's cash pile had increased from €407,904 to €600,180.

The firm was established in 2003 by the four directors. Both Mr Gallagher and Mr Mackin worked in the political world before establishing the firm while Mr O'Sullivan spent 10 years on the board of Eircom where he was director of communications. Before co-founding Q4PR, Ms Kinnane had previously performed the role of marketing manager at Esat Telecom.

A spokesman for the company yesterday declined to comment on the firm's results.

Irish Independent

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