Article 6BPXB Tesco boss earned almost £4.5m in 2022 despite profits halving

Tesco boss earned almost £4.5m in 2022 despite profits halving

by
Sarah Butler
from World news | The Guardian on (#6BPXB)

As shoppers faced price rises, Ken Murphy's basic salary rose, although his overall pay package fell

The boss of Tesco earned almost 4.5m last year despite profits halving and price rises for shoppers.

Ken Murphy's total 4.4m package compared with 4.7m a year earlier, after his bonus dipped because of missed targets on profits and food waste. His basic salary rose 1.7% to 1.4m.

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