Topic filter : Remuneration Package

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.... They own 40% of the US stock market and benefit from the dividend payouts, and the share buybacks that drive prices higher on Wall Street. Those running companies, also members of the 1%, have remuneration packages loaded up with stock options, so they too get richer as the company share price goes up. ... [Read full article on Guardian ]
Sunday 16th of July 2017 01:11:02 PM
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....It is not known if James is still involved in the process but numerous sources believe McCall is poised to be declared the chief of the UK’s biggest free-to-air commercial broadcaster. However, it is understood that ITV has been locked in tricky negotiations to persuade McCall to take the role, with her remuneration package thought to be a major sticking point. ... [Read full article on Guardian ]
Friday 14th of July 2017 04:47:41 PM
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....It is astonishing that Soriot and his employer left this question hanging in the air all day on Thursday. Israeli newspaper Calcalist reported on Wednesday that Soriot is about to quit to join Israeli outfit Teva Pharmaceuticals and seemed confident about the details of his new remuneration package, down to the signing-on fee of $20m. ... [Read full article on Guardian ]
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Latest Finance News related to Remuneration Package

Governments have to invest in the fourth industrial revolution | Larry Elliott image
.... They own 40% of the US stock market and benefit from the dividend payouts, and the share buybacks that drive prices higher on Wall Street. Those running companies, also members of the 1%, have remuneration packages loaded up with stock options, so they too get richer as the company share price goes up. ...
ITV closes in on naming easyJet's Carolyn McCall as CEO image
Source : Guardian [Read Article] Friday 14th of July 2017 04:47:41 PM
....It is not known if James is still involved in the process but numerous sources believe McCall is poised to be declared the chief of the UK’s biggest free-to-air commercial broadcaster. However, it is understood that ITV has been locked in tricky negotiations to persuade McCall to take the role, with her remuneration package thought to be a major sticking point. ...
Post-Brexit London is open for business (no matter how grubby) image
Source : Guardian [Read Article] Thursday 13th of July 2017 06:21:05 PM
....It is astonishing that Soriot and his employer left this question hanging in the air all day on Thursday. Israeli newspaper Calcalist reported on Wednesday that Soriot is about to quit to join Israeli outfit Teva Pharmaceuticals and seemed confident about the details of his new remuneration package, down to the signing-on fee of $20m. ...
Hinkley Point C: watchdog confirms fears of political vanity project | Nils Pratley image
.... That’s entirely fair: she’s leaving a job half-done at Halfords by quitting 18 months into a three-year plan. But the episode also demonstrates the nonsense of companies’ claims that they need to pay all-singing, all-dancing remuneration packages to “recruit and retain” top executives. ...
Reckitt Benckiser slashes boss's pay by 40% image
Source : BBC [Read Article] Friday 31st of March 2017 02:22:16 PM
....Last year, some 17. 7% shareholders voted against his 2015 remuneration package, while the firm faced criticism from lobby groups over its pay levels. ...
GSK's Emma Walmsley steps into Andrew Witty's shoes image
Source : BBC [Read Article] Thursday 30th of March 2017 10:59:54 PM
.... . "Taking into account the fact that this is Emma's first chief executive role, reductions have been made to all elements of her remuneration package in comparison to Sir Andrew's," the report said. ...
Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty image
.... British Gas is the exception and has frozen prices until August, but experts expect the company will follow suit then because of rising cost pressures. Much of the increase in Conn’s remuneration package is a £1. ...
New GlaxoSmithKline chief to earn 25% less than her predecessor image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:04:51 PM
....Walmsley will be the most powerful woman in the pharmaceutical industry when she takes the helm next month after her promotion from head of GSK’s consumer healthcare business, whose products include Sensodyne toothpaste and Panadol painkillers. Urs Rohner, the non-executive director who chairs GSK’s remuneration committee, said: “Taking into account the fact that this is Emma’s first CEO role, reductions have been made to all elements of her remuneration package in comparison to Sir Andrew’s current arrangements. ...
‘To fly, to starve’ – BA cabin crew deserve better | Letter image
Source : Guardian [Read Article] Monday 13th of March 2017 05:38:47 PM
....The spurious excuse of a tough trading environment used in 2010 is wholly implausible now, given the parent company’s (IAG) recent declaration of £2bn pre-tax profit, an increase of one-third on the previous year. BA’s professional and committed workforce should not to have “to fly, to starve”, while the CEO’s remuneration package soars to €8. ...
Business group calls for change to schemes giving tax breaks to 'select few' image
Source : Daily Express [Read Article] Thursday 2nd of March 2017 12:01:00 AM
.... . Co-operatives UK says that two discretionary share schemes, the Company Share Option Plan and Enterprise Management Incentive, give breaks to a “select few” employees as part of their remuneration packages. ...
Australia Post CEO says he feels sorry for Pauline Hanson over pay controversy image
....The Australia Post chief executive, Ahmed Fahour, has labelled Pauline Hanson’s comments about his religion “sad” and said he “feels sorry” for her for making them during the national furore about his $5. 6m remuneration package. ...
Australia Post's chief executive Ahmed Fahour resigns after pay row image
Source : Guardian [Read Article] Thursday 23rd of February 2017 02:05:42 AM
....The chief executive of Australia Post, Ahmed Fahour, has quit after a dispute with the Turnbull government about his $5. 6m remuneration package. ...
Rising executive pay threatening reputation of big business – report image
Source : Guardian [Read Article] Monday 14th of November 2016 05:29:42 PM
. Executive pay is too high and risks damaging the reputation of big business, according to an influential fund management group which has drawn up ideas for reform that could reduce the overall remuneration package of top bosses. ...

Child sex abuse inquiry head Dame Lowell Goddard 'spent 70 days working abroad or on holiday in a year'
 image
....Dame Justice Goddard, who earns a basic salary of £360,000 a year, could receive more than £5 million in pay and perks amid fears hearings will drag on for a decade, The Telegraph disclosed last week. Her remuneration package, which includes numerous free flights home and a £110,000 a year rental allowance, has catapulted her to the top of the public servants’ paylist. ...

Goddard Inquiry: New Zealand judge becomes Britain’s highest paid civil servant with £5m pay package
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....Dame Lowell Goddard, the New Zealand judge heading the Government’s child sex abuse inquiry, could receive more than £5 million in pay and perks amid fears hearings will drag on for a decade, The Telegraph can disclose. Dame Justice Goddard’s remuneration package, which includes numerous free flights home and a £110,000 a year rental allowance, has catapulted her to the top of the public servants’ paylist. ...
Shell to cut 2,200 more jobs in reaction to low oil prices image
Source : Guardian [Read Article] Wednesday 25th of May 2016 11:37:53 AM
....Paul Goodfellow, Shell UK’s vice-president, told staff in Aberdeen just 24 hours after chief executive Ben van Beurden’s £4. 3m remuneration package was approved by shareholders at the annual general meeting in The Hague. ...
The Guardian view on the state and the market: the end of ‘hands-off’ economics | Editorial image
....It is no longer radical to observe that the short-term sweating of assets for quick profits, over-gearing and underinvestment, avoidance of taxes, poverty wages and job insecurity are symptoms of a disease that limits the shrinks the nation’s economic potential. It is, for example, increasingly common for shareholders to complain, as happened recently at BP, about remuneration packages for senior executives unconnected to commercial reason – or reality. ...
The Guardian view on the state and the market: the end of ‘hands-off’ economics | Editorial image
....It is no longer radical to observe that the short-term sweating of assets for quick profits, over-gearing and underinvestment, avoidance of taxes, poverty wages and job insecurity are symptoms of a disease that limits the shrinks the nation’s economic potential. It is, for example, increasingly common for shareholders to complain, as happened recently at BP, about remuneration packages for senior executives unconnected to commercial reason – or reality. ...
Shire and Weir bosses feel sting of investor ire as pay revolts widen image
Source : Guardian [Read Article] Thursday 28th of April 2016 01:38:02 PM
....At CRH a 40% vote against its pay policy was not binding because the company is also based in Ireland. Ashley Hamilton Claxton, a corporate governance manager at Royal London Asset Management, said: “This year has seen a ‘spring of discontent’ for a number of major British companies, with shareholders demonstrating their unhappiness at the remuneration packages awarded to top executives last year at a time when company performance was lacklustre at best. ...
British Gas to close office and axe 684 jobs in the West Midlands image
Source : Guardian [Read Article] Wednesday 20th of April 2016 11:49:45 AM
....The latest cuts announcement comes two days after the parent company, Centrica, admitted it had lost 220,000 British Gas domestic customers in the first three months of the year. The admission came at the company’s annual general meeting where there was criticism of Conn’s £3m annual remuneration package awarded in 2015. ...
BP boss faces shareholders angry at £13.8m pay deal image
Source : Guardian [Read Article] Thursday 14th of April 2016 08:02:35 AM
....3 million for 2015, while his annual cash bonus will also rise from £702,733 in 2014 to £976,799 for last year. The bulk of Dudley’s remuneration package is mnade up of pension and share options. ...
Women held back by 'old boys' network' image
Source : BBC [Read Article] Wednesday 23rd of March 2016 12:41:26 AM
....The EHRC said too few companies were setting targets or encouraging applications from women with job descriptions and were relying on vague terms such as "chemistry" and "fit" rather than clearly defined skills and experience. On Tuesday a government-commissioned review, led by Virgin Money's chief executive, Jayne-Anne Gadhia recommended that financial services companies link parts of executive remuneration packages to gender balance targets. ...
Ending Japan's higher pay for seniority image
Source : BBC [Read Article] Tuesday 22nd of March 2016 10:02:58 PM
.... . It is standard practice for businesses to offer a low remuneration package to fresh graduates, who are then trained on-the-job. ...
MPs want action on 'motherhood penalty' image
Source : BBC [Read Article] Tuesday 22nd of March 2016 12:16:23 AM
....A government-commissioned review, led by Virgin Money's chief executive, Jayne-Anne Gadhia was published on Tuesday. It recommends that financial services companies link parts of executive remuneration packages to gender balance targets. ...
Ex-Barclays boss to get large bonus despite being sacked last year image
Source : Guardian [Read Article] Sunday 28th of February 2016 05:20:39 PM
....1m, equal to 57% of the maximum he could receive. Combined with other incentives and benefits, his remuneration package added up to almost £5. ...
Ex-Thomas Cook boss Harriet Green received £6.3m in 2015 despite only working two months image
.... The controversy escalated last year and embroiled Peter Fankhauser, Ms Green’s successor. Despite the reputational damage caused to Thomas Cook when the scandal worsened, Mr Fankhauser’s total remuneration package came to almost £4. ...
Marks and Spencer chief to step down image
Source : BBC [Read Article] Thursday 7th of January 2016 07:31:31 AM
....Mr Bolland had informed the board in the summer of 2015 of his intention to leave in mid-2016, he said. Mr Rowe will receive a salary of £810,000 from 2 April 2016 as part of his chief executive remuneration package, the firm said. ...
British Council censured for executive pay topping PM's salary without signoff image
.... The British Council’s funding will in turn be reduced by £200,000 and further reductions may also be made in 2015-16. Sir Amyas Morse, head of the NAO, wrote: “In the absence of the necessary approvals form the chief secretary to the Treasury, I have concluded that the remuneration packages agreed in excess of the levels requiring approval are not in conformity with the authorities which govern them and are materially irregular. ...
Outraged by CEO salaries? It was your shares that approved them image
Source : Guardian [Read Article] Wednesday 18th of November 2015 07:00:01 AM
.... In Britain, for example, every director of a large quoted company, (that is one listed on the stock exchange), will be re-elected annually by their shareholders, on a one-share-one-vote basis. Their remuneration package requires shareholder approval, as does the appointment of the auditor. ...
New Barclays chief Jes Staley spends £6m on shares in bank image
Source : Guardian [Read Article] Thursday 5th of November 2015 12:12:06 PM
....2m. However, his total remuneration package, including his salary, a fixed pay allowance to avoid the EU cap on bonuses, annual bonuses of up to £2. ...
Losses for scandal-hit Volkswagen image
Source : Daily Express [Read Article] Wednesday 28th of October 2015 06:45:00 PM
....He is set to earn an annual salary of £1. 2million, but his total remuneration package could be worth up to £8. ...
New Barclays boss to be rewarded with £8.2m pay deal image
Source : Daily Express [Read Article] Wednesday 28th of October 2015 05:24:00 PM
....As leader of the firm, Mr Staley will enjoy an annual salary of £1. 2m, and his total remuneration package could be go up to £8. ...
Tesco boss Dave Lewis buys first shares more than a year after joining image
Source : Guardian [Read Article] Thursday 8th of October 2015 06:57:01 PM
....25m in shares while Stewart must hold three times his £750,000 salary. However, the directors have five years from joining Tesco to reach this target and the company includes shares given to Lewis and Stewart as part of their remuneration package. ...
Alliance Trust finds a complex answer to a simple problem image
Source : Telegraph [Read Article] Thursday 1st of October 2015 07:49:12 PM
.... An already odd structure has been made even more odd. Garrett-Cox’s remuneration package - some £1. ...
Tesco bosses' lack of shareholding raises eyebrows image
Source : Guardian [Read Article] Sunday 13th of September 2015 03:27:46 PM
....25m in shares while Stewart must hold three times his £750,000 salary. However, the directors have five years from joining Tesco to reach this target and the company includes shares awarded for free to Lewis and Stewart as part of their remuneration package. ...
Sports Direct shareholders revolt over poor governance image
Source : Independent [Read Article] Thursday 10th of September 2015 12:15:37 AM
....His remarks followed warnings from investor groups who said the company’s lack of transparency raised serious governance issues. Nonetheless, all resolutions at the meeting passed, though more than half the shareholders voted against the company’s remuneration package for executives, including Mr Ashley. ...
Top bosses get a £1.12m bonus boost image
Source : Daily Express [Read Article] Monday 7th of September 2015 09:53:00 AM
. These payouts, together with a 3 per cent rise in base salaries to £891,000, helped total remuneration packages jump by 6. ...
Britain's blue-chip bosses paid 183 times more than average worker image
Source : Independent [Read Article] Sunday 16th of August 2015 11:00:00 PM
.... That’s up slightly from the average £4. 923m remuneration package in 2013 and sharply higher than the £4. ...
Source : Independent [Read Article] Tuesday 11th of August 2015 12:07:32 AM
....2m from a bonus scheme he had not originally been included in had been “undesirable”. But the housebuilder added that Mr Pidgley could keep the payment, making his total remuneration package for the year worth more than £3. ...
Porn star answer to the dirty business of talking pay image
Source : Telegraph [Read Article] Tuesday 21st of July 2015 08:20:14 PM
.... However, it does illustrate that pay transparency is a more complicated issue than many would have us believe – the side-effects are not to be underestimated. Full pay transparency may be possible at smaller firms, start-ups (especially where a large part of the remuneration package comes in the form of stock options) and on the sets of porn films. ...
From bailout to sale: RBS’s traumatic seven years image
Source : Independent [Read Article] Thursday 11th of June 2015 08:48:03 PM
.... Labour brought in an investment banker and reputed turnaround specialist Stephen Hester in November 2008 to replace Fred “The Shred” Goodwin as chief executive. But as the losses continued to pile up and Mr Hester failed to push up the bank’s share price, his generous remuneration package drew widespread complaints. ...
WPP's Sir Martin Sorrell hit by fresh shareholder revolt over £43m remuneration package image
. Sir Martin Sorrell’s remuneration package drew another large protest vote from shareholders at WPP’s annual meeting, with a fifth rejecting the payout. ...
Sorrell says high pay is for  'top-of-the-tree’ performance image
Source : Telegraph [Read Article] Sunday 7th of June 2015 07:00:04 PM
.... Sir Martin Sorrell is paid more than any other chief executive in the FTSE 100 . But Sir Martin made it clear he felt he was worth every penny of his remuneration package, the highest of any chief executive of a FTSE 100 company. ...
Ad giant WPP braces for shareholder protest on £43m pay package image
Source : Daily Express [Read Article] Sunday 7th of June 2015 09:50:00 AM
....The firm will hold its AGM at No. 8 Northumberland Avenue in London and it is thought that more than a quarter of investors will refuse to back Sorrell’s remuneration package and WPP’s pay policies. ...
Source : Independent [Read Article] Thursday 21st of May 2015 12:28:55 AM
....The Swiss watch industry was hammered in 2013 after Beijing cracked down on corruption, but exports have since bounced back. We might soon discover how sustainable Asian demand for Burberry is – and whether Christopher Bailey is really worth that sizeable remuneration package. ...
Stagnant wages? Carney enters the migration debate image
Source : Guardian [Read Article] Thursday 14th of May 2015 11:15:39 AM
....Mark Carney, the governor of the Bank of England, being lightly grilled by John Humphrys this morning on the Radio 4 Today programme, was keen to play down the idea that migrants to the UK have depressed productivity – and wages. His own arrival from Canada, on a total remuneration package of £874,000 a year, certainly did little to reduce pay rates. ...
Fund managers told to publish pay details online image
Source : Telegraph [Read Article] Tuesday 5th of May 2015 12:05:21 PM
.... . The industry has come under pressure over the fees it imposes on investors and the remuneration packages enjoyed by executives and fund managers. ...
Dave Lewis has thrown out Tesco's kitchen sink - he won't be able to do it a second time image
.... Like they have with Tesco. After which another super-talented executive has to be attracted, motivated and retained with a similarly eye-popping remuneration package to clear up the mess. ...
Shareholder spring: where are we now? image
Source : Independent [Read Article] Wednesday 22nd of April 2015 09:56:05 PM
.... But ahead of the 2015 AGM season, just how game-changing were the events of three years ago?. Statistical evidence suggests not a lot, with the total remuneration packages of the largest 350 companies on the London Stock Exchange rising 12 per cent last year. ...
Sir Martin Sorrell donates £21m to his charity image
Source : Telegraph [Read Article] Thursday 2nd of April 2015 11:16:01 AM
.... The gift of 1. 4 million shares to the JMCMRJ Sorrell Charitable Foundation was disclosed weeks after Sir Martin controversially received a record-breaking £36m remuneration package for 2014. ...
Pay is the big faller as new chief saddles up at Ladbrokes image
Source : Independent [Read Article] Friday 20th of March 2015 11:59:01 PM
.... He beat off internal and external rivals and will become chief executive next month. His remuneration package, though, is less generous than the one offered five years ago to Mr Glynn, who was put on a potential £12m long-term share incentive scheme in 2010 to get the share price up. ...
Seven-figure salaries damage UK firms' reputation, poll suggests image
....5m. Antonio Horta-Osorio, the chief executive of Lloyds, which was bailed out by the government at the height of the financial crisis, is set to receive a total remuneration package of £11m. ...
Lloyds Banking Group to resume dividend payments image
Source : BBC [Read Article] Friday 27th of February 2015 07:12:21 AM
....5m for 2014. Its chief executive, Antonio Horta-Osorio, is set to receive a total remuneration package of £11m, consisting of basic pay of £1m, an £800,000 bonus and the payout of a three-year long-term incentive plan, which gives him 535,083 shares. ...
HSBC profits eroded by deluge of regulatory conduct fines image
Source : Independent [Read Article] Tuesday 24th of February 2015 12:15:51 AM
....Despite the ongoing scandal, Mr Flint said it would be “inappropriate” for Mr Gulliver’s pay to be docked because he was not in charge of the bank at the time when the Swiss private bank was allegedly facilitating tax evasion. His total remuneration package came in at £7. ...
BP slashes billions from investment plans as it reveals £645m loss image
Source : Independent [Read Article] Tuesday 3rd of February 2015 08:36:25 AM
....Mr Gould is holding the fort following Chris Finlayson’s resignation last April after a difficult period at the company. He will be replaced “shortly” by former Statoil boss Helge Lund, whose lucrative remuneration package was revised in December after a shareholder backlash. ...
Jim Sutcliffe leaves FRC following Quindell criticism image
Source : Telegraph [Read Article] Friday 16th of January 2015 07:27:37 PM
.... . Although Quindell shares leapt on news of the board appointments, the remuneration packages drew fierce criticism. ...
'Betrayal', 'deplorable' and a 'company whose word cannot be trusted' - the local reaction to Tesco plan image
.... “We all know that Tesco’s mantle has wobbled recently but it is deplorable that management are now making the workers pay for failure at the top. This is on the same day that it announces the appointment of another CEO whose remuneration package will be staggeringly high compared with our members. ...
Is turning around Tesco easier than we thought? image
Source : Telegraph [Read Article] Thursday 8th of January 2015 09:58:36 AM
.... Adrian Jones, national officer at Unite, said: “We all know that Tesco’s mantle has wobbled recently but it is deplorable that management are now making the workers pay for failure at the top. This is on the same day that it announces the appointment of another CEO whose remuneration package will be staggeringly high compared with our members. ...
BG Group loads first LNG at Australian coal seam gas project image
Source : Telegraph [Read Article] Monday 29th of December 2014 02:17:55 PM
.... Delivering the project is a major step forward for BG Group after a tough year, which saw the company search for a new chief executive after Chris Finlayson stepped down in April having served just 16 months in the role. The company has since hired Helge Lund from Statoil but was embarrassingly forced to reduce his remuneration package due to shareholder objections. ...
EasyJet chief Carolyn McCall takes home £7.7m image
Source : Telegraph [Read Article] Friday 5th of December 2014 12:10:40 PM
.... The group, which has agreed a £776. 3m takeover from its rival Greene King, said Mr Tye’s remuneration package for the year to August 23 was worth almost £2. ...
Ladbrokes' embattled chief Richard Glynn to leave in 2015 image
Source : Telegraph [Read Article] Wednesday 3rd of December 2014 01:50:54 PM
.... A spokesman for Ladbrokes said Mr Glynn’s departure package was yet to be decided but the betting chief, who has a basic salary of £580,000, has a 12 month notice period. Last year, he received a remuneration package worth £4. ...
BG scraps new boss Helge Lund controversial remuneration package amid investor fury image
.... We fully understand the board’s position of having to find a good CEO and we were very supportive of them going out to find the best CEO they could find. But in their desire to sign Mr Lund up I really think they lost sight of the vote they just got through and how much emotion this particular remuneration package would generate. ...
BG revises new chief's pay award after shareholder revolt  image
Source : BBC [Read Article] Monday 1st of December 2014 09:26:31 AM
BG Group cuts share awards for new chief executive following investor backlash image
.... . "The board welcomes the active and constructive role played by Mr Lund in revising the remuneration package so that all elements fall entirely within the company's current policy," BG Group said in a statement. ...
An end to 'illegal' care home fees  image
Source : Telegraph [Read Article] Wednesday 12th of November 2014 01:43:00 PM
...." . Part of the reason for the rise in care homes' costs is that staff pay is rising, with senior managers' remuneration packages rapidly soaring towards £100,000, LaingBuisson's care home pay survey found. ...
BG Group executive lands job heading new oil and gas regulator image
Source : Telegraph [Read Article] Sunday 9th of November 2014 09:13:53 PM
.... . A spokesman for DECC said: “This will be a key appointment in driving forward the Government’s stewardship of its oil and gas resources and it was therefore essential that we offered a remuneration package which allowed us to attract high calibre candidates to apply for the role. ...
BG Group hires Statoil boss as new chief executive image
Source : Telegraph [Read Article] Wednesday 15th of October 2014 10:26:06 AM
...." . BG described Mr Lund's remuneration package as "competitive in the international oil and gas industry". ...
....Britain’s listed smaller companies are catching up with their larger counterparts in one worrying regard: they’re just as likely these days to be handing out whacking pay increases to fat-cat directors, irrespective of whether they’ve added sufficient shareholder value to merit such awards. In fact, many large companies have been shamed into adopting less generous executive remuneration packages following revolts from their shareholders in recent years. ...
City Diary: Deloitte to be called to account in Autonomy scandal image
Source : Telegraph [Read Article] Wednesday 27th of August 2014 04:00:18 AM
.... Sir Martin Sorrell was paid more than any other FTSE 100 chief executive last year, sparking another significant protest vote at the WPP AGM in June. Some 28pc of shareholders opposed or abstained over his record-breaking £30m remuneration package. ...
Russell Lynch: Thanks to Help to Buy, builders are the new bankers image
Source : Independent [Read Article] Wednesday 20th of August 2014 12:12:15 AM
....Howls of outrage from the public would normally ensue, but the housebuilders have gotten away with it. Since the Government’s Help to Buy support scheme was introduced last year the results of our quoted builders have been looking much healthier – along with the remuneration packages of their top bosses. ...
Diageo bosses take £4m pay cut after profits slump image
Source : Telegraph [Read Article] Saturday 16th of August 2014 04:00:15 AM
....3m. The CFO saw her remuneration package drop from £7m to £3. ...
Royal Mail readies for battle with shareholders image
Source : Guardian [Read Article] Sunday 20th of July 2014 01:12:52 PM
....Although she voluntarily repaid her housing allowance, Greene said she was "deeply offended" by the criticism over her pay and benefits. Brydon has previously described Greene as the worst-paid chief executive in the FTSE 100 and that Royal Mail must improve her remuneration package or risk losing her. ...
Storm over £1m payoff for Co-operative group boss who quit job image
Source : Guardian [Read Article] Saturday 19th of July 2014 11:04:04 PM
. Euan Sutherland, who quit as chief executive of the Co-operative Group after only 10 months in the job amid a high-profile row over his remuneration package, is to receive a £1m payoff. ...
Tesco lures M&S finance director with pay rise and £1.7m golden hello image
Source : Guardian [Read Article] Thursday 10th of July 2014 07:40:14 PM
....Tesco said two other performance-related awards were being taken into account but declined to give further details. Stewart's total remuneration package will be disclosed in the 2015 annual report. ...

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