Parkinson's is named after the English doctor James Parkinson who published the disease's first detailed description in 1817.

Mr O'Reilly, whio is the chief operating officer of Independent News, replaces James Parkinson, who retired today after the company's annual meeting.

Last year marked the 200th anniversary since James Parkinson (1755-1824) defined the disease now named after him.

Mr James Parkinson (67), declined a prostate operation because he could not face four days in the Old ham Hospital without a cigarette.

Independent's highest-paid director is head of its British operations, Mr Brendan Hopkins who received €943,000 while finance director Mr James Parkinson received €698,000.