Boots FD nets healthy windfall
Howard Dodd, the finance director of high-street chemist Boots, has earned a healthy £200,000 bonus according its annual report.
Dodd was paid a salary of £373,000, a short-term bonus of £211,000 and £17,000 in other benefits taking his total pay to £601,000, a substantial increase on the £446,000 he received in 2003.
Dodd’s basic salary will increase to £400,000 for 2004.
His pay was dwarfed though by that of Boots chief executive Richard Baker who was paid a total package of £1.09m for the six-and-a-half months he was with the company last year.
The UK’s highest paid FD is Peter Clarke of the Man Group, who earned over £2m in salary and bonuses last year.