You will be thrilled to hear that WPP's new CFO, John Rogers, will be trousering only one million fucking dollars per anum for moving the beans around... However, as is invariably the way he has the potential to Hoover up lots more dosh... Here are some of the other components of his compensation package: An annual bonus of up to 225% of salary with mandatory deferral of at least 50% of bonus into shares deferred for a two-year period. A long-term incentive plan award of up to 300% of salary, based on performance as measured over a five-year period. A cash allowance of 10% of salary in lieu of pension. A benefits allowance of nearly $40,000 per year to cover health, risk and other benefits. Compensation of equivalent value for share-based and cash incentives that will be forfeited on his departure from previous employer, Sainsbury’s.
Evil thought... As he's the CFO, couldn't he cook the books to make all his bonus shit happen anyway?