News

Burberry CEO takes pay cut after disappointing results

08/06/2016

The CEO of UK luxury brand Burberry took a 75% pay cut last year after disappointing sales and profit results, according to the company’s annual report. Christopher Bailey, who has occupied the role since May 2015, claimed total remuneration of £1.9 million compared to £7.5 million the previous year. This figure included his basic salary plus...

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