3rdPartyFeeds

Microsoft Grilled on Capitol Hill Over Security Failures

President Brad Smith pledged to address security failures that led to a hack of U.S. government systems last year. Read More...

Tesco board faces heat over CEO’s 10 million pound pay package

The board of Tesco, Britain’s biggest supermarket group, will be asked to justify chief executive Ken Murphy’s near 10 million pounds ($13 million) pay package when it faces shareholders at its annual meeting on Friday. Tesco’s annual report, published last month, showed Murphy was paid 9.93 million pounds in the year to Feb. 24, 2024, up from 4.44 million pounds in 2022/23. His pay was 430 times what the average Tesco employee earns, according to responsible investment group ShareAction.

Reuters

Read More

Add Comment

Click here to post a comment