The FSA's big five collectively earned just short of £2.5m in 2006/7, the regulator's annual report today reveals.
Executive directors Clive Briault, David Kenmir, Hector Sants, and John Tiner, plus chairman Callum McCarthy, earned £2,410, 453 between them – an average of £482,091 each. Outgoing director John Tiner was the top earner with total pay of £652,577; £430,000 of which was in salary with £95,000 performance related bonuses and £127,577 in ‘other emoluments and benefits’. This amount was up by almost £80,000 from his previous year’s total of £572,619. Clive Briault earned the least of the quintet, taking home £408,029, up from £379,540 the previous year. His salary amounted to £285,000, with...
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