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Tag: Centrica

Centrica faces shareholder revolt over £8.2m CEO salary

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Centrica faces shareholder revolt over £8.2m CEO salary

Centrica is facing a dispute with investors over Chris O’Shea’s £8 million salary. The owner of British Gas is facing a shareholder revolt this week over the £8.2 million salary of its chief executive. Centrica boss Chris O’Shea said in January there was “no point” in trying to justify his salary and bonus while homeowners […]

British Gas owner avoids shareholder revolt over boss’s £8.2m salary

Posted on | Posted on Jasper | Leave a Comment on British Gas owner avoids shareholder revolt over boss’s £8.2m salary
British Gas owner avoids shareholder revolt over boss’s £8.2m salary

British Gas owner Centrica has fended off a potential shareholder revolt over its chief executive’s £8.2m pay deal last year, with activists branding the pay arrangement “fundamentally wrong”. Chris O’Shea’s salary package has almost doubled from £4.5 million in 2022. His latest contract for 2023 gave the CEO a salary of £810,000, an annual bonus […]