martin sorrell

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Sir Martin Sorrell, CEO of WPP.

The High Pay Centre’s latest report on the pay of British CEOs is out, showing that the chief executives of FTSE 100 firms got paid 183 times what the average Briton did last year.

In the 2014 financial year, the average pay packet ran to £4.96 million ($ 8.22 million).

But many are paid much more than that — the HPC lists the top ten, most of whom took home between twice and ten times the average even for their peers.

The dollar salary amounts are converted using HMRC’s average exchange rate figures for the 2014 financial year.

Take a look at who topped the tables last year.

10. Bob Dudley — £9.29 million ($ 15.39 million) — Dudley is entering his fifth year as CEO of BP, having been in charge of the Gulf Coast Restoration Organization after the Deepwater Horizon spill.

9. Don Robert — £9.87 million ($ 16.35 million) — Robert was CEO of Experian between 2007 and 2014, until his replacement by Brian Cassin.

8. Ian Gorham — £10.61 million ($ 17.57 million) Hargreaves Lansdown’s share prices have more than doubled since Gorham took over the CEO’s job in 2010.

4. Rakesh Kapoor — £11.24 million ($ 18.61 million) — Indian-born Kapoor joined Reckitt nearly 30 years ago and took the top spot nearly four years ago.

6. Antonio Horta-Osorio — £11.54 million ($ 19.11 million) — the Lloyds CEO has been in charge of the bank since 2011, following his time as the CEO of Santander UK.

5. Tidjane Thiam — £11.83 billion ($ 19.59 million) — Thiam, who is now CEO at Credit Suisse, was the fifth highest-earning FTSE 100 CEO in 2014 as chief executive of insurer Prudential.

4. Peter Long — £13.33 million ($ 22.08 million) — The Tui Travel CEO climbed from ninth to fourth in one year, according to the High Pay Centre, with a salary boost of 28.3%.

3. Erik Engstrom — £16.18 million ($ 27.83 million) — Engstrom has been CEO of Relx Group (previously known Reed Elsevier) since 2009, one of the longest-serving on the list. Relx shares have doubled in value since 2009.

2. Ben Van Beuren — £19.51 million ($ 32.31 million) — Van Beuren makes it into second place, despite being a new entrant into the top 10, according to the High Pay Centre.

1. Sir Martin Sorrell — £42.98 million ($ 71.19 million) – the WPP chief not only keeps his top spot, but took home more than twice as much as his nearest rival last year, up 44% from 2013.

http://www.businessinsider.my/uk-ftse100-best-paid-ceos-ranking-2015-8/

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