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Justin King
Reason to smile: Justin King

Sainsbury’s chief pockets £5 million

Lucy Tobin
10.06.09

Justin King, the chief executive of Sainsbury's, took home £5 million in pay and share bonuses last year as a reward for hitting targets at the supermarket chain, it was revealed today.

After receiving £2.05 million in pay, pension and bonuses, King scooped almost 900,000 shares - worth nearly £3 million at the current share price - for successfully carrying out the company's Making Sainsbury's Great Again plan

He is set to pick up shares worth a further £3.3 million in other incentive schemes this year.

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He hit his targets so he deserves it, well done. Unlike some others in business and goverment we can all think of.

- Keith, Newcastle, UK


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