Article 5Z6WF Tesco criticised as chief pockets £4.75m amid soaring prices

Tesco criticised as chief pockets £4.75m amid soaring prices

by
Sarah Butler
from World news | The Guardian on (#5Z6WF)

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

Tesco has been criticised for paying its chief executive 4.75m last year, including the highest annual bonus awarded by the supermarket since 2016, as families struggle with rising food costs.

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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