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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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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
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