Morrisons chief executive Dalton Philips will receive just over £6m from the retailer in his first year.
Philips, who started in his new role at the end of last month, was handed a package including share incentives worth up to £2.2m, according to the Financial Times, as well as £950,000 he would have received from his former employer, Canadian retailer Loblaw.
He will receive a basic salary of £800,000 and bonuses that could total £1.6m.
Philips took over as chief executive of the Bradford-based supermarket following the defection of Marc Bolland to Marks & Spencer.
M&S was on the receiving end of criticism from shareholders when it emerged that Bolland was in line to pocket up to £15m in his first year at the high street icon.
New Morrisons boss Philips starts today (29 March 2010)
Marc who? Morrisons exults in record profits (13 March 2010)
Backlash over Bolland’s £15m golden hello (2 February 2010)
Editor's Comment: When Sir Terry goes, contrast the succession planning with Morrisons (30 January 2010)