Exec pay soars 1,200% since 1987
Roll back to 1987 and the average annual salary for a chief exec of a FTSE 100 listed company was £150,000. Fast forward to 2009 and this figure rises to £4m, claims new research.
It's all the more shocking given the generally grim stock market returns of the last decade - yet management continues, it seems, to suck money out of companies regardless. Is this behaviour likely to change?
