Diageo bosses see payouts fall on slow growth

Diageo bosses see payouts fall on slow growth
 

DIAGEO's Ivan Menezes received a £7.8 million pay package in his first year as chief executive of the drinks giant, although it was almost £500,000 less than he picked up 
in his previous role as chief operating officer.
Menezes and the other executive directors received less than 10 per cent of the potential bonuses available during the year after weakness in emerging market economies hit growth.
Menezes received a £933,000 salary and together with a £366,000 payment to relocate to the UK and pension his non-performance related pay totalled £1.8m. He also received a £170,000... read more

 
13 August 2014 in Business, Views: 37
Source: Scotsman
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