Compass chiefs take pay cut
Compass chief executive Mike Bailey and chairman Sir Francis Mackay both turned down performance-related bonuses this year, after the catering giant issued a shock profits warning in September.
According to figures published in the company's annual report, Mackay's remuneration for the year came in at £546,000, consisting of £500,000 basic salary and £46,000 of benefits, considerably down on the £1.3m pocketed the year before.
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Bailey: salary down to £1m |