Average FTSE 100 CEO pay package hits £4.8m

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The average pay for FTSE 100 chief executives rose 10% in the past year to £4.8m, according to research.

The top quarter of CEOs saw their pay jump by 41%, data company Manifest said. Barclays boss Bob Diamond (pictured) tops the pay chart on nearly £21m - £12.6m of which was taken as a bonus and share options. WPP chief executive Sir Martin Sorrell, who faces a possible shareholder revolt over his package at the company's annual meeting in Dublin today, is second on £11.6m. Sarah Wilson, CEO of Manifest, said remuneration committees needed more support from shareholders in order to control management's requests for greater and greater rewards. "Independent remuneration consultants...

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