GSK chief shrugs off concerns that FTSE bosses are not paid enough [Yahoo! Finance]
AstraZeneca PLC - American Depositary Shares (AZN)
Last astrazeneca plc - american depositary shares earnings: 2/5 04:00 pm
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Source: Yahoo! Finance
The pharma boss insisted she was “very well paid” when asked about London's rewards system, which has come under increasing pressure amid a flood of firms leaving for the US. Dame Emma received a pay bump of 50pc last year to take her total package to £12.7m. While this is significantly higher than the average GSK employee, who earns around £55,000, it lags well behind that of rival drug chief Sir Pascal Soriot. The AstraZeneca boss was recently handed a new pay package worth £18.7m after shareholders voted through an increase from £16.9m the previous year. Sir Pascal, who is the best-paid FTSE 100 chief executive, has argued life sciences companies need to be more competitive on pay to avoid talent leaving for the US and China. Speaking last week, Sir Pascal addressed his own pay hike, which he said was linked to ensuring his eventual successor at the company was “compensated competitively”. However, in contrast to these warnings, Dame Emma said she felt “really good” ab
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