Millionaires’ club welcomes new members

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,
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.

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