JLT cuts senior executive pay following profits drop
JLT slashed the remuneration of its senior executives following a 7
percent drop in profits at the broker in 2015.
CEO Dominic Burke's pay was cut by 18.6 percent from
£3.32mn to £2.7mn ($4.8mn to $3.9mn) last year according
to the company's annual report, released today (18 March).
Deputy chief executive Mark Drummond Brady suffered an even
bigger drop of 26 percent as his wages fell from £1.35mn to
£1mn in 2015.
Commercial director James Twining also experienced a pay..
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