As controversy over CEO pay in the UK continues to grow, more and more company leaders are offering to take pay cuts in relation to the performance of the business. However, the pay gap is still widening, and these are the highest paid CEOs in the UK…
Sir Martin Sorrell
Sorrell, the CEO of advertising giant WPP, tops the list as the highest paid CEO in the FTSE 100. He was paid more than £40 million in 2016, taking the total payout received over the past five years at WPP to over than £200 million.
Ben van Beurden
The CEO of oil giant Royal Dutch Shell was promoted to his position in January 2014, quickly becoming the second highest paid CEO in the FTSE 100. In 2016 his pay jumped 60 percent in 8.263 million euros from 5.135 million a year earlier, mainly due to deferred bonuses and share plans.
Engstrom has been CEO of international analytics group Relx since 2009. In 2014 his total pay stood at £20,681,000, pushing him into third place on the list.
CEO of travel industry heavyweight TUI group Peter Long received a total paycheck of £13.3 million in 2016. He has also sat on the board of Royal Mail since June 2015, being paid £300,000 a year.
Credit Suisse CEO Tidjane Thiam joined the company from his previous position at Prudential. Despite requesting a bonus cut in 2015, he still received 18.9 million Swiss francs – around $19.4 million – in cash and share awards from the bank.