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 [...]
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 [...]
Topps Tiles investor stages revolt as shares nose dive January 15, 2025 A major investor in Topps Tiles has staged a revolt against the retailer as its share price continues to nose dive towards a new historic low. Private equity firm MS Galleon used its near 30 per cent stake to vote against the company’s remuneration report at this year’s annual general meeting, resulting in 40 per [...]
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 [...]