BT boss takes home £5.6m as pay and bonus package more than doubles
BT Group CEO Allison Kirkby received a total remuneration package of £5.6 million for the past year, more than doubling her previous year's earnings. This increase follows an 80% surge in the company's share price during her tenure and the successful implementation of a major restructuring program.
Why it matters
The significant pay increase highlights ongoing debates regarding executive compensation versus employee wage growth and the effectiveness of corporate restructuring strategies.
Allison Kirkby became chief executive of BT in February 2024. Photograph: Bloomberg/Getty Images View image in fullscreen Allison Kirkby became chief executive of BT in February 2024. Photograph: Bloomberg/Getty Images Executive pay and bonuses BT boss takes home £5.6m as pay and bonus package more than doubles Allison Kirkby pocketed the payment after BT’s share price surged nearly 80%
The article provides factual reporting on pay figures and company performance metrics without taking a stance on the fairness of the compensation.
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