73 Days
Source:
The Guardian
Severn Trent Increases CEO Pay to £3.1m
Severn Trent has increased its long-term incentive plan for new CEO James Jesic to potentially provide up to £4.8 million annually, surpassing previous executive earnings despite ongoing scrutiny of water companies' pay amid environmental concerns. The company's reward scheme now allows a maximum of 400% of base salary in incentives, with Jesic's starting salary at £775,000, and includes bonuses, benefits, and pension contributions. Critics have questioned whether such pay is appropriate given recent environmental incidents and pollution levels.
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