Tesco boss Sir Terry Leahy took home £5.472 million in cash and shares last year, on top of his basic salary of £1.3m and other perks worth £95,000.
Boardroom pay at Tesco rose 18 per cent last year, according to the group’s annual report.
The second-highest earner was Tim Mason, who moved to California to build the Fresh & Easy chain of convenience stores. Mason receives £4.5m in basic pay and annual bonus payments.
Lucy Neville-Rolfe, the group’s director of legal and corporate affairs, is now one of the few female executives to earn a salary of £1.451m.
All the other board directors earned more than £2m.
No comments yet