21-04-2024 13:21 via retailgazette.co.uk

Tesco boss Ken Murphy to pocket £10m in pay

Tesco chief executive Ken Murphy is in line to receive a £10m payout this year, an unprecedented sum for any supermarket boss.
Murphy’s record pay will come from his £1.4m salary and performance related pay of £8.7m – more than double of his £4.4m pay last year.
The chief executives remuneration includes an annual bonus of up to £3.6m and a share-based bonus worth around £5.1m at present prices, which pays out in June, The Times reported.Subscribe
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