Diageo CFO earns £1.5m as profits soar
Drinks giant CFO's pay packet breaks the £1.5m threshold after a bumper year for FTSE 100 corporate
Drinks giant CFO's pay packet breaks the £1.5m threshold after a bumper year for FTSE 100 corporate
Nick Rose has scooped £1.5m for his financial stewardship of Diageo.
In its annual report, the drinks giant disclosed that Rose’s base salary and
bonus contributed to a pay packet of £1.5m.
Rose has been in the financial driving seat of the booming corporate, which
owns well-known brands such as Guinness, Bailey’s and Smirnoff since 1 July
1999. This year Diageo made net sales of almost £7.5bn.
On paper, his windfall was beefed up further by long-term incentive plan
gains of almost £1.3m. The FTSE 100 giant’s accounts showed that £795,000 of
share options granted to Rose in 2004 vested this year, in addition to him
exercising options on £481,000 of shares.
Further reading:
Sports
Direct’s FD enjoys mega-bonus
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View articleThe FRC has announced Richard Moriarty as its new chief executive, replacing Sir Jon Thompson Read More...
View article