03-06-2024 13:26 via retailgazette.co.uk

M&S bosses pocket almost £5m each after bumper year

M&S bosses Stuart Machin and Katie Bickerstaffe were paid just almost £5m each in total over its last financial year on the back of soaring profits for the retailer.
Chief executive Stuart Machin’s £4.73m payout was a 75% jump on last year’s package, and came from a fixed pay of £908,000 and £3.82m in performance related pay, which is subject to holding periods and is dependent on future share price growth.
Co-chief executive Katie Bickerstaffe, who leaves
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