BP CEO takes huge pay cut as profit slashed at FTSE 100 giant March 6, 2025 The chief executive of BP has taken a £2.3m pay cut as profit was slashed at the FTSE 100 giant. Murray Auchincloss received a pay packet of £5.4m for 2024, down from the £7.7m he received in 2023. The drop came amid a more than £1.1m cut to his bonus to £734,000, and a £1.6m [...]
Rolls-Royce CEO’s pay slashed by almost £10m despite rocketing FTSE 100 shares March 6, 2025 The chief executive of Rolls-Royce, Tufan Erginbilgic, has seen his pay slashed by almost £10m despite transforming the fortunes of the FTSE 100 giant. The CEO took home a pay packet of £4.1m for the Derby-headquartered group’s latest financial year, down from the £13.6m he received in the prior 12 months. Erginbilgic’s previous remuneration package [...]
Ocado: CEO pay jumps despite heavy losses and flagging share price March 6, 2025 The chief executive of Ocado has seen his pay jump despite continuing heavy losses at the technology and grocery platform. Tim Steiner took home more than £2.6m for his company’s latest financial year, a rise from the £1.9m he was awarded in the prior 12 months. The increase was mainly driven by a rise in [...]
IAG: Pay for British Airways owner’s CEO takes off after FTSE 100 success March 5, 2025 The chief executive of British Airways owner IAG has received a huge pay rise after its shares surged on the FTSE 100 over the last year. Luis Gallego has been handed a pay packet of £4.6m for the group’s latest financial year, up from the £3.1m he received for 2023. The latest figure also compares [...]
BAE Systems boss in line for huge pay day at FTSE 100 giant March 3, 2025 The chief executive of FTSE 100 defence giant BAE Systems is in line for a huge pay day if shareholders approve proposed changes to the group’s remuneration policy. Charles Woodburn could be handed a bonus worth 500 per cent of his base salary, which currently sits at £1.27m, if he is still in post in [...]
Spring Statement 2025: Rachel Reeves should be courageous and favour economics over ideology, says Interactive Investor boss March 3, 2025 Chancellor Rachel Reeves needs to be “quite courageous” and not “allow ideology to get in the way of economics” when she delivers her Spring Statement on 26 March, the chief executive of Interactive Investor has said. Richard Wilson, speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, added that the government’s growth agenda [...]
CEO brands B Corp status ‘greenwashing’ as she gives up title February 27, 2025 The founder and chief executive of a London-based pet food brand has said she’s decided to give up her firm’s B Corp status after criticising the coveted certification as “little more than a marketing badge and greenwashing”. Entrepreneur Aneisha Soobroyen set up Scrumbles in 2018 and achieved the status a year later. However, the CEO has [...]
Checkatrade: ‘More can be done to protect customers from rogue traders’ February 27, 2025 Checkatrade CEO Jambu Palaniappan said the home improvement platform is in the business of trust and that it forms "a core part of who we are".
Checkatrade CEO: ‘My plan to get Britain growing again’ February 20, 2025 The chief executive of Checkatrade has revealed what he would like the government to change in order to boost British businesses and get the country growing again. Speaking during an up-coming episode of City AM’s Boardroom Uncovered interview series, Jambu Palaniappan argued Labour should reform the rules around planning permission to made it easier for [...]
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 [...]