BusinessCompany NewsBoots FD nets healthy windfall

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.

Link: 2003 FD salary survey – Rising stock

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.

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