Andrew Higginson among the big earners as reward for Tesco's huge profits
Accountancy Age, 14 May 2008
Tesco finance director Andrew Higginson received as much as £5.1m pounds last year as he shared in the financial success of the supermarket giant.
Higginson received £2.8m in salary and bonus schemes, plus an additional £2.3m after the company announced annual profits of £2.8bn on sales of £52bn, up 11.1% on last year.
The company also awarded huge payouts to chief executive Sir Terry Leahy, who received nearly £10m in payouts and shares, and former marketing director Tim Mason who is now responsible for the group's Fresh & Easy chain and picked up around £6.8m.
All other board directors earned more than £2m, according to the Guardian.
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