‘Sustained outperformance’ merits pay rise, says company after it ups profit guidance to £1.2bn for year to January 2027The Next chief executive, Simon Wolfson, took home more than £7m last
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‘Sustained outperformance’ merits pay rise, says company after it ups profit guidance to £1.2bn for year to January 2027
The Next chief executive, Simon Wolfson, took home more than £7m last year, his highest ever pay package, and could be handed up to £9.27m this year after the retailer announced plans to increase his basic salary and bonuses.
The listed company said it was increasing its pay deal for the long-term leader of the fashion and homewares retailer, which now controls a string of brands in the UK including Gap, Victoria’s Secret, Cath Kidston, Reiss and FatFace, as his remuneration was 30% below the average for FTSE 100 bosses.
Continue reading...Source: Guardian - World News
