As heights good put it:
How much would you expect a CEO/MD of a company of 40K+ employees to be earning?
He's not, he's C
DS so it's more like
provisionally 187,830 as at 1 Nov 07
As a CEO/MD of a company that size, with that amount of assets etc, you could add a zero on and no-one would bat an eyelid.
In 2006, Terry Leahy, Chief Executive of Tescos (about 250,000 ish employees), was paid nearly £4m, all he does is sell food.
http://www.personneltoday.com/articl...-leahy-4m.html
Last year, Stuart Rose, CEO of M&S (about 65,000-ish employees), got £7.8m, all he does is sell posh food and pants.
http://news.sky.com/skynews/article/...269667,00.html
Given the responsibility he has, the
post of CDS is deserving of the 200-odd grand a year. Whether individuals are worth it may be a different question....