Burberry: CEO tipped for golden reward if fashion label makes FTSE 100 return May 29, 2025 The new chief executive of Burberry could receive a hefty bonus if the fashion label’s shares surge and it re-enters the FTSE 100. Joshua Schulman, who succeeded Jonathan Akeroyd as the CEO of Burberry in July last year, could be handed millions in bonuses and salary if he leads the company back to the London [...]
Are Gen Z ditching the pub for the gym? May 27, 2025 Gen Z are ditching the pub and choosing to socialise with their friends at the gym more, the boss of one of the UK's largest chains has said.
Rio Tinto: Chief executive of FTSE 100 giant to step down May 22, 2025 Rio Tinto’s chief executive Jakob Stausholm will step down after more than four years leading the FTSE 100 mining giant, it has been announced. The London-listed firm said a “rigorous selection process” had already begun, with Stausholm remaining in the top job until a successor is found. No reason for the exit has been given. [...]
Saga CEO’s pay nears £2m as losses widen May 20, 2025 The chief executive of Saga, the insurance, travel and financial services giant, took home almost £2m for its latest financial year, it has been revealed. Mike Hazell has received a pay packet of almost £1.9m for the London-listed group’s year to 31 January, 2025, according to its annual report – his first full year in [...]
Card Factory CEO takes home bumper pay rise May 20, 2025 The chief executive of Card Factory has seen his pay packet jump to more than £1.5m after the company’s sales surged. The West Yorkshire-headquartered retailer has handed Darcy Willson-Rymer the pay rise for its latest financial year, taking home £942,559 in the prior 12 months. The main change to the CEO’s salary was the £531,567 [...]
B&M appoints ex-Tesco executive as new CEO May 15, 2025 Household goods retailer B&M has appointed ex-Tesco executive Tjeerd Jegen as its new CEO. Jegen will succeed Alex Russo, who joined the company in 2020 and was promoted to the top job in 2022. Group CFO Mike Schmidt will continue to lead the business until 16 June. Liverpool-headquartered B&M announced Russo’s departure in February this [...]
Direct Line suffers shareholder revolt over CEO’s huge pay day May 14, 2025 The group behind Direct Line has suffered a huge revolt by its shareholders over its chief executive being handed a huge pay day ahead of its planned £3.7bn takeover by Aviva. In March, City AM reported that Adam Winslow took home a pay packet of more than £7.8m for the insurance giant’s latest financial year. [...]
Travis Perkins: New CEO named after torrid year and FTSE 250 shares slump May 9, 2025 The man chosen to lead an almighty rebuilding project at construction supplies giant Travis Perkins has been named. Gavin Slark has been picked as the Northamptonshire-headquartered company’s new chief executive and is set to take up his role no later than 1 January, 2026. Slark has held the same position at SIG since 2023 and [...]
Centrica: FTSE 100 British Gas owner suffers huge backlash over CEO pay rise plans May 8, 2025 Centrica, the FTSE 100 parent company of British Gas, has suffered a huge backlash to plans to hand its chief executive a hefty pay rise. City AM reported in March that the CEO took home £4.3m for Centrica’s latest financial period, down from the £8.2m he received in the prior year. Chris O’Shea, who has been [...]
Tesco: CEO takes home bumper pay packet after profit jump May 8, 2025 The CEO of Tesco took home more than £9m as sales and profit at the supermarket giant beat expectations. Ken Murphy received a pay packet of £9.23m for the company’s latest financial year, down from the £10.24m he took home in the prior 12 months. According to Tesco’s annual report, the CEO’s remuneration was made [...]