Astrazeneca: ‘We’re too big to base our CEO’s pay on FTSE 100 peers’ February 18, 2025 Astrazeneca is too big and complex to base its chief executive’s pay packet on the rest of the FTSE index, according to the chair of its remuneration committee. Writing in the pharmaceutical giant’s annual report, chair Sheri McCoy said “UK-listed FTSE companies are not the right peer group for us to use” given the group’s [...]
Victorian Plumbing billionaire in line for huge pay day after bonus boost January 22, 2025 The billionaire founder and chief executive of Victorian Plumbing is in line for a huge pay day after his company decided to up his salary and potential bonus. The London AIM-listed company’s remuneration committee has decided to increase Mark Radcliffe’s base salary from £250,000 to £400,000 from 1 April, 2025. The committee has also increased [...]
Billionaire Bet365 boss Denise Coates slashes pay as betting giant makes huge profit January 6, 2025 The billionaire boss of Bet365, Denise Coates, has seen her salary slashed by almost £130m as the betting giant surged back into the black with a profit of almost £600m. Coates, whose father founded the Stoke-on-Trent company, was paid £94.6m in the year to 31 March 2024, according to newly-filed accounts with Companies House. The [...]
Top Hollywood Bowl bosses lined up for massive pay day January 3, 2025 The top bosses at Hollywood Bowl have been lined up to receive a bonus worth 150 per cent of their base salary if the FTSE 250 group continues to hit its financial targets. Chief executive Stephen Burns and chief financial officer Laurence Keen are eligible for a bonus up to the new total for the [...]
Bumper pay day for Britvic boss ahead of £3.3bn Carlsberg deal December 10, 2024 The chief executive of Robinsons squash maker Britvic has received a bumper pay day ahead of the group’s £3.3bn takeover by Carlsberg. Simon Litherland has been handed a £4.68m pay packet, up from the £2.86m he received in the prior year and £1.93m in the 12 months before that. The total is the highest Litherland [...]
Games Workshop suffers major shareholder revolt after top bosses handed huge bonuses September 18, 2024 Warhammer maker Games Workshop has suffered a major shareholder revolt after handing millions in bonuses to its top bosses. The Nottingham-headquartered company saw almost 21 per cent vote against its remuneration report and nearly 27 per cent vote against its remuneration policy at its AGM today (Wednesday, 18 September). Following record sales and pre-tax profit [...]
How much is too much? The CEO pay predicament April 23, 2024 A growing number of London-listed companies have been asking shareholders to approve radical pay rises for their top execs. Why?
Shipbroker Clarkson gears up for shareholder showdown over CEO pay April 21, 2024 Shipbroker Clarkson is gearing up for a showdown with shareholders after dishing out £11.9m to its chief executive last year.
Mark Kleinman: Proxies, a stock market exodus and a Kingfisher mystery April 18, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column.
Pillow fight: Sofa-seller DFS reviews pay policy after bloody nose from shareholders April 9, 2024 Sofa-seller DFS is reviewing the pay policy of its top executives after shareholders mounted a revolt at its annual general meeting.