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rutinbet77 - Wednesday 31 July 2024 03:09
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www.tampabaybusiness.directory - Wednesday 31 July 2024 02:45
Anger: Some 10% of Centrica shareholders opposed the £8.2m pay package handed to chief exec
Chris O'Shea

British Gas owner Centrica has been given a slap on the wrist by investors over an £8.2million payday for its boss.

Some 10 per cent of shareholders yesterday opposed the package handed to chief
executive Chris O'Shea in 2023 - a near-£4million increase on the previous
year.

Most of the pay increase came from O'Shea's share
price-linked bonus. The energy giant's stock rose as household
gas and electricity bills soared.

O'Shea last month admitted there was ‘inequality in society' and he was ‘fortunate' to make
millions of pounds a year.

He told MPs on the energy and net zero committee: ‘I understand people are struggling.'

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