Telegraph signatories take home £14.6 million a year
In today’s Daily Telegraph 35 business leaders sign a letter backing the cuts.
We’ve done some quick digging around and so far we have got their total annual salary up to £14.6 m a year, though there are still some gaps.
I don’t think they are going to be hurt very much by the cuts. Tax would perhaps be another thing.
Sources are the company’s annual reports from 2010 unless otherwise stated.
Warren East – CEO, ARM Holdings
Salary/benefits/bonus/pension contributions: £824,971 in 2009; £761,154 in 2008. Also received £45,250 in 2010 as a non-executive director of De La Rue plc. (up from £39,375 in 2008). (Annual Report 2009)
Sir Christopher Gent – Non-Executive Chairman, GlaxoSmithKline
Total remuneration £680,000 in 2009 and £651,000 in 2008. (Annual Report 2009)
Neil Johnson – Chairman UMECO
From 19 October 2009, the date of his appointment to the Board, to 31 March 2010, Neil Johnson received fees totalling £125,000 per annum for his services to the Company.
Ian Livingstone – CEO, BT Group
Salary, benefits and bonus in 2010 from BT amounted to £2.105m. In 2009 it had been £1.174m.
Also receives an annual fee of £25,000 as a non-executive director of Celtic and an additional annual fee of £5,000 for chairing the audit committee.
Ruby McGregor-Smith – CEO, MITIE Group
Salary/fees, plus bonus (including deferred as shares), pension contribution and benefits: in 2010 was £1.157m; in 2009 was £898,000.
Also receives fees of £45,000 per annum in respect of her role as a Non-Executive Director of Michael Page International plc.
John Nelson – Chairman, Hammerson
In 2009 £225,000 from Hammerson (Annual Report 2009).
Stefano Pessina – Executive Chairman, Alliance Boots
Salary and benefits from Alliance Boots (excluding one off payments and pensions) in 2010 was £666,000; in 2009 was £701,000.
According to the 2010 Forbes billionaires the resident of Monte Carlo’s net worth is $1.4bn. (www.forbes.com)
Nick Prest – Chairman, AVEVA
Current salary and fees from AVEVA: £85,000 which was unchanged from 2009. (Annual Report 2010)
Nick Robertson – CEO, ASOS
Salary and ‘other’ (no pension/benefits) in 2010 amounted to £341,596. In 2009 it was £436,800
Sir Stuart Rose – Chairman, Marks and Spencer
Salary reduced from £1.16m to £875,000 from 31 July 2010.
£57,000 from Land Securities Group plc.
Michael Turner – Executive Chairman, Fuller, Smith and Turner
Total of salary, car allowance, benefits in kind and bonus: £487,000 in 2010 and £398,000 in 2009 .
Paul Walker – Chief Executive, Sage
2009: salary/bonus/benefits in kind £1.161m.
Including gains on share options, the total emoluments of the highest paid director, which was Paul Walker, were £1,354,000 (2008: £1,307,000).
In 2009 received £75,000 as non-executive director of Diageo plc
(Annual Report 2009)
Paul Walsh – Chief Executive, Diageo
Total remuneration in 2010 was £3.178m; in 2009 it was £1.706m
Received £76,000 from Unilever Plc. and £62,000 from FedEx Corporation as a non-executive director.
Robert Walters – CEO, Robert Walters
Total emoluments in 2009 was £630,000 and in 2008 was £820,000
(Annual Report 2009)
Bob Wigley – Chairman, Expansys, Stonehaven Associates. Yell Group
As non-executive director and chair of Yell his remuneration from July 24th 2009 to 31st March 2010 was £177,000 including benefits.
Simon Wolfson – Chief Executive, Next
Salary/benefit/bonus in 2010 was £1.737m and in 2009 was £831,000.