International CEO 'myth' revealed

Press Association
Updated
Chuka Umunna
Chuka Umunna

Fewer than 1% of company chief executives are poached from overseas, and most are promoted from within the company, showing that justifications for high pay in the UK are a "self-serving myth", according a new report.


A study of international moves in the world's top companies by the High Pay Centre "explodes" the notion that huge financial incentives are a must to keep talent in the UK.
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