Halford rings up £1.5m at Vodafone
Andy Halford, CFO of Vodafone, sees his total pay package for last year rise to more than £1.5m despite a difficult 12 months for the mobile giant
Halford, who joined in July 2005, recently had to book a £14.9bn loss for the
year ended 31 March 2006.
Halford, who has led Vodafone’s finance function through its huge £23bn
writedown and disclosure of £5bn of tax liabilities, took home a £342,000
salary, a further £396,000 from incentive schemes and £16,000 in benefits.
Vodafone also made a contribution of £73,600 to his pension plan.
The Vodafone CFO was awarded shares worth £784,000 as part of Vodafone’s long
term incentive plan. Halford will be able to cash in these shares if Vodafone’s
shareholder returns are ranked in the top fifth of its peer group over the next