Burdick received a massive bonus of £283,000, taking his annual pay to £671,000, a 28% increase.
According to Financial Directors 2001 salary survey, the average pay for a FTSE 100 FD is £530,000, putting Burdick in the top pay bracket.
Chief executive Adam Singer, was paid a whopping £186,000 extra, taking his salary to £779,000, while chief operating officer Mark Luiz and strategy director Stephen Cook also received substantial increases, according to figures revealed in the company’s annual results.
This comes at a time when directors’ pay is coming in for heaving criticism, as shareholder groups feel they should not be rewarded for poor company results.
Telewest shares were last trading at 9.6 pence, down 4% on the day. In November they were valued at more than 80p.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.