The pay of Brian Wallace, the finance director of the Hilton Group, increased from £868,000 in 2003 to £1.42m for 2004.
Wallace, also the hotel and gaming company’s deputy chief executive, took home £470,000 for his basic pay, a £245,000 annual bonus and a further £523,000 from a performance share plan.
The group saw its profits before goodwill, tax and exceptionals increase by 41% to reach £383.1m for 2004.
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The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
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