Martin Wheatley, the former chief executive of the Financial Conduct Authority (FCA), had a pay package of more than £800,000 in his final stint at the regulator, its annual report reveals.
The report states his full remuneration hit £827,000 for the financial year ending 31 March 2016. This includes payment for up until 31 July this year, the regulator said, in accordance with his contract. He had total pay of £701,000 in 2014/15 financial year and £610,000 in 2013/14. The report said Wheatley (pictured) resigned from the FCA on 17 July 2015 and from the board on 13 September 2015. His 2016 figures, it said, include a total contractual amount payable from 1 April to 31 July of £185,767 (£158,333 in basic salary, £13,184 in other benefits and £14,250 in a 9% non-pens...
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