Morrisons boss Potts set for pay package hike
Chief executive David Potts, who is paid £850,000 a year, is set to be rewarded for Morrisons’ ongoing turnaround with a controversial pay package.
Shareholders are reportedly pushing for a pay rise for Potts despite a hostile climate towards increased executive pay, according to The Telegraph.
The Bradford supermarket group said that a decision had been made to increase Potts’ long-term incentive plan, which means he could receive a £5.3m total pay package, after becoming eligible to receive a plan which would see a payou... You can carry on reading TheBusinessDesk.com 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...
