Register  |  Update details
R E L A T E D   C O N T E N T
ADVERTISEMENT

Tesco FD Higginson picks up £5.1m package

Andrew Higginson among the big earners as reward for Tesco's huge profits

Paul Grant, Accountancy Age 14 May 2008
ADVERTISEMENT

Tesco finance director Andrew Higginson received as much as £5.1m pounds last year as he shared in the financial success of the supermarket giant.

Higginson received £2.8m in salary and bonus schemes, plus an additional £2.3m after the company announced annual profits of £2.8bn on sales of £52bn, up 11.1% on last year.

The company also awarded huge payouts to chief executive Sir Terry Leahy, who received nearly £10m in payouts and shares, and former marketing director Tim Mason who is now responsible for the group's Fresh & Easy chain and picked up around £6.8m.

All other board directors earned more than £2m, according to the Guardian.

Further reading:

Tesco FD defends group's festive sales figures

Higginson scoops prestigious CIMA gong


M A R K E T P L A C E
Sponsored links
London, United Kingdom | St Georges University
Management Accountant, London, £30,931 - £36,421 per annum including London Allowance We are looking to recruit a Management Accountant to join our busy but friendly Finance Department. You will be principally responsible for preparing key ... more >
Eastleigh, United Kingdom | Norwich Union Plc
PMI Accountant, Eastleigh, £30,000 - £38,000 (depending on experience) As Norwich Union Healthcare (NUHC) develops its range of product offerings and enters new business segments, we are increasingly reliant on our Finance department to provide ... more >
Surrey, United Kingdom | Michael Page Finance
 Entrepreneurial, Surrey-based business requires their first FD to support a variety of planned acquisitions and organic growth whilst running a small finance division. Reporting to an entrepreneurial Managing Director and as a key member of ... more >
London, United Kingdom | Freshfields Bruckhaus Deringer
Assistant Finance Manager –  London, £Competitive + excellent benefits As an Assistant Finance Manager within Freshfields Bruckhaus Deringer London you will be a member of the Group Finance Accounting team, helping to prepare the global ... more >
More Jobs in Finance