Chief executive pay back in spotlight after 11% increase

Simon Peckham, chief executive of Melrose Industries
The average pay of FTSE 100 chief executives rose by 11% last year despite the continued pressure from shareholders and activist investors. Analysis by the Chartered Institute of Personnel and Development (CIPD) showed the median pay for FTSE 100 chief executives was £3.93m last year, up from £3.53m in 2016. It said the increase for UK workers was just 2%. The median average - which takes the middle value in the list - has been used to avoid the distorting effects of two very large payouts at West Midlands' engineering group M... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...