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CEO pay

  • Rolls-Royce boss ‘Turbo Tufan’ gets backing for £18m pay packet

    Markets

    The boss of Rolls-Royce looks to have secured the shareholder backing for a multi-million pound pay bump. Tufan Erginbilgic, who took charge of the firm at the start of 2023, is set to win approval for a £18m pay packet, which will see his annual bonus entitlement increase from two to three times his base [...]

    Rolls Royce CEO Tufan Erginbilgic in a business setting, wearing a suit, discussing corporate strategy and leadership vision
  • Santander names new TSB boss ahead of takeover

    Banking

    Santander has named the new top boss of TSB Bank as the firm gears up for its blockbuster takeover of the high street unit. The Spanish-headquarted banking giant – which beat out its peers to snap up TSB for £2.6bn last July – appointed Nicola Bannister as the new chief executive of TSB. Bannister ascends [...]

    TSB Bank posted its first-quarter results on Thursday.
  • Fat Cats or Top Dogs? In defence of high CEO pay

    Business

    Every year in January the High Pay Centre (they’re “an independent, non-partisan think tank focused on the causes and consequences of economic inequality, with a particular interest in top pay,” since you asked) releases its Fat Cat report, pointing out the day on which a top CEO’s earnings surpass the median UK salary. This year, [...]

    Canary Wharf is home to some of the highest paid CEOs
  • LadBible founder rakes in over £40m as shares rise

    September 29, 2025

    The chief executive and co-founder of LadBible has raked in more than £40m through his investment vehicle which is a major shareholder in the online publisher. Alexander “Solly” Solomou set up the Manchester-based company in 2012 alongside Arian Kalantari. The group floated on the London Stock Exchange’s AIM at the end of 2021 while its [...]

  • Diageo: Debra Crew gets golden goodbye after being ousted as CEO

    August 14, 2025

    The former chief executive of FTSE 100 giant Diageo is set to receive a bumper pay day after being ousted last month, it has been revealed. Debra Crew quit with immediate effect in July and was succeeded on an interim basis by the embattled drinks group’s finance boss Nik Jhangiani. Diageo, whose brands include Johnnie [...]

  • Halfords: Departing CEO gets golden goodbye

    July 29, 2025

    The departing chief executive of Halfords saw his pay more than double as the company clocked a statutory £30m loss in the year before he stepped down. Graham Stapleton took home a pay packet of £1.5m for the firm’s latest financial year, up from the £650,440 he received in the prior 12 months. Stapleton had [...]

  • Wizz Air CEO gets huge bonus despite tumbling shares and profit

    June 25, 2025

    The chief executive of Wizz Air saw his pay take off despite the airline’s profit tumbling during its latest financial year. Jozsef Varadi took home a pay packet of €3.8m (£3.2m) for the Hungarian low-cost airline’s year to 31 March, 2025, according to its annual report. The CEO’s remuneration was boosted from the €1.3m he [...]

  • Direct Line bosses out ahead of £3.7bn Aviva deal after bumper bonus revolt

    June 23, 2025

    The chief executive and chief financial officer of Direct Line are to step down when its £3.7bn sale to Aviva is complete, it has been announced. CEO Adam Winslow and CFO Jane Poole will leave their roles when the deal is finalised next month. In a statement, the company said a leadership team for Direct [...]

  • United Utilities: Banned bonus for FTSE 100 CEO revealed

    June 23, 2025

    The amount top bosses at FTSE 100 giant United Utilities are set to lose in bonuses – after the water giant was named as one of six to be banned from handing out the payouts – has been revealed. Earlier this month, new measures in the Water (Special Measures) Act come into force which prohibited utility [...]

  • B&M swaps one tax haven for another

    June 19, 2025

    B&M has revealed plans to swap Luxembourg, the European tax haven the discount retailer has been domiciled in for over a decade, with Jersey. The London-listed company, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide “greater flexibility for returning capital to shareholders going forward”. [...]

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