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UK pharmaceutical companies aim to put executive pay on par with US rivals’ but package will depend on share priceBusiness live – latest updatesGSK’s chief executive could take home nearly £22m this year as the pharmaceutical company attempts to offer US-style pay packets to top executives.Emma Walmsley’s pay package will reach a maximum of £21.56m if the company’s share price rises by 50%, according to its annual report. That includes fixed pay of £1.7m. A package of £16.4m looks more realistic, which would still represent a hefty pay rise. Continue reading…
UK pharmaceutical companies aim to put executive pay on par with US rivals’ but package will depend on share price
GSK’s chief executive could take home nearly £22m this year as the pharmaceutical company attempts to offer US-style pay packets to top executives.
Emma Walmsley’s pay package will reach a maximum of £21.56m if the company’s share price rises by 50%, according to its annual report. That includes fixed pay of £1.7m. A package of £16.4m looks more realistic, which would still represent a hefty pay rise.