Tesco chief pockets £4.75m as shoppers face soaring prices

Ken Murphy is awarded the highest annual bonus by the supermarket since 2016 amid bumper profits

Tesco’s chief executive took home £4.75m in pay last year after being awarded the highest annual bonus by the supermarket since 2016 as pre-tax profits more than doubled as pandemic restrictions eased.

Ken Murphy’s package included a £3.21m bonus while the finance director, Imran Nawaz, earned a £1.24m bonus – taking his total to £5.4m for the year including a £3.5m “golden hello” relating to bonuses he lost out on leaving his former employer, Tate & Lyle.

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Tesco, Executive pay and bonuses, Supermarkets, Retail industry, Cost of living crisis, Business, UK news UK news | The Guardian

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