The research, compiled by Accountancy Age’s sister publication,
found that there are 41 FTSE 100 FDs in the millionaires’ club, with a further
eight in the FTSE 250 breaking through the seven-figure remuneration barrier.
For the first time,
Director has included share-based bonuses and earned but deferred bonuses in
its calculations. This explains the 24% increase in FTSE 100 FD remuneration.
Yet even if these bonuses are excluded, the real increase in the blue-chip
increase was 17%.
The highest-paid FD in the FTSE 350 was once again Man Group finance boss
Peter Clarke, who received a total pay packet of £5.1m, a 30% rise on his
remuneration the previous year.
Clarke’s salary was also the highest-ever recorded in the Financial Director
The top earner in the FTSE 250 was Investec FD Glynn Burger, who pocketed £2.5m.
Sportingbet FD Andrew McIver topped AIM with a £979,000 package.
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.