Martin Weigold is to become UK plc’s highest paid FD after earning $8.59m
(£4.8m) last year as the CFO of the world’s largest online gaming company
Shareholders are expected to approve Weigold’s remuneration package at
PartyGaming’s AGM on the 4th of May.
Weigold’s pay package will see him surpass Peter Clarke, the finance head at
Man Group, who, according to the Financial Director salary survey, is on a total
package of £2.3m, less than half of Weigold’s takings.
The bulk of Weigold’s earnings, however, are as a result of PartyGaming’s
sensational £4.64bn float on the London Stock Exchange last year.
Weigold, who was working 18-hour days for weeks on end in the lead up to the
float, earned $7.7m from the sale of share options in the year of the float. His
salary only contributed $563,811 to his total package. He also earned a bonus of
$215,362 and benefits of $102,802.
Read Accountancy Age’s profile of Martin Weigold at
Does Darwin's theory apply to taxation? Colin ponders...
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 Age Jobs is delighted to announce the launch of a brand new look website for finance and accountancy professionals
The UK gender pay gap will not close until 2069 unless action is taken to tackle it now, according to new research by Deloitte