Morrisons FD gets £1.25m bonus

Supermarket chain Morrisons gave finance director Richard Pennycook a £1.25m bonus in shares last year according to its annual report. Pennycook was one of the contenders for the chief executive job when Marc Bolland left the company for Marks & Spencer, but he lost out to Dalton Philips. He was paid £981,000 for 2010 before the bonus.