All Pay and jobs articles – Page 54
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News
Tesco hands new UK CEO Matt Davies £3.6m of share options
Tesco has announced it has given new UK and Ireland CEO Matt Davies £3.6m of nil-cost share options to vest over the next three years
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News
Nutrition supplement business Melrob Grove rescued from administration
Tring-based nutrition supplement business Melrob Grove has been rescued from administration saving 11 jobs
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News
Young's Seafood site in turmoil after losing Sainsbury's contract
Sainsbury’s has given a salmon processing contract to Norwegian seafood giant Marine Harvest, placing hundreds of jobs at risk
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News
Soft drinks wholesaler JC Sudders ceases trading
Soft drinks wholesaler JC Sudders has ceased trading after going bust, leaving 20 staff without jobs…
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News
New Booker chairman is former Müller Dairies boss Stewart Gilliland
Booker has this morning announced that Stewart Gilliland will replace Richard Rose as non-executive chairman.
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News
Mark Allen set for £1.2m pay-out for 'transforming' Dairy Crest if Müller deal a success
Dairy Crest CEO Mark Allen is in line for a potential £1.2m windfall if the proposed £80m acquisition of its liquid milk operation by Müller gets signed off by the UK competition watchdog.
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News
Premier Foods calls time on 'power brands' strategy
Premier Foods’ switch to a more category-focussed approach has effectively spelt the end of its ‘power brands’ strategy.
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News
Molson Coors names Martin Coyle marketing director
Molson Coors has promoted long-standing executive Martin Coyle to the role of UK & Ireland marketing director.
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News
Dave Lewis could make over £6.5m a year from pay deal
The total, which is dependent on performance, would be over five times his annual salary
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Comment & Opinion
Egyptian situation needn't slow down Coupe's Sainsbury's work
With a watertight alibi, it’s difficult to see the Egyptian prosecutions of Coupe and King being anything other than an embarrassing distraction
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News
Justin King the latest to face Egyptian prosecution
The former Sainsbury’s CEO was convicted last year, claims the Times, and although the conviction was overturned it is understood the Egyptians are appealing the acquittal
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News
Dalton Philips gets £4m pay package on Morrisons exit
Former Morrisons CEO Dalton Philips received a £1m annual bonus payment in the supermarket’s last financial year despite escalating losses and plunging sales during the period.
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News
Tesco unveils new bonus scheme in 'Turnaround' plan
Tesco staff are to get rewards of up to 5% of their annual income if they help CEO Dave Lewis meet his targets for recovery
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News
Morrisons to change staff bonuses based on customer service
The retailer announced this week it had relaunched its staff bonus scheme with the aim of rewarding colleagues for better customer service
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News
Caterway shuts its doors following collapse in trading
Wholesaler Caterway has ceased trading after attempts to secure the external investment it needed to survive failed.
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News
Greggs executives benefit from maximum bonus payouts
CEO Roger Whiteside achieved 100% of his possible annual bonus after the company hit every financial and strategic target set for the 2014 financial year
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News
Reckitt Benckiser CEO Rakesh Kapoor’s pay up 64% to £11.2m
The total pay packet of Reckitt Benckiser CEO Rakesh Kapoor rose by almost two-thirds last year to £11.2m less than a year after investors chastised RB’s pay policies at its 2014 AGM.
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News
Cornish baker WC Rowe makes living wage commitment
The company will be paying the new wage from 1 November and plans to be accredited by the Living Wage Foundation by then
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News
David Potts makes £1m show of faith in Morrisons
New Morrisons CEO David Potts has made a public show of faith in the embattled supermarket by buying more than £1m of its shares during his first week in the top job.
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News
Convenience operators blast national minimum wage hike
Trade associations have warned the hike could force independent retailers to axe jobs