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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.
Reader views (1)
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, 10/06/2009 13:34
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