Dossier
pay package
Coverage of pay package in the Nexus archive.
- Royal Mail boss’s pay package soars to £6.9m despite profits slide
Martin Seidenberg, CEO of Royal Mail’s parent company International Distribution Services (IDS), received £6.9m in pay and bonuses in the year to March 2023, a significant increase from £2.1m the previous year, despite the group’s profits falling by 20%. The payout occurred after the takeover of the UK postal service.
- Arm boss in line for billion-dollar payday if chipmaker hits targets
The CEO of Arm, a US-listed British chipmaker headquartered in Cambridge, is eligible for a billion-dollar pay package if he achieves 'exceptional growth metrics' to make the company the UK's first trillion-dollar firm. The proposal includes annual share awards and a maximum $800 million bonus tied to specific performance targets.