The supermarket giant’s latest annual report shows Mr Murphy got a total pay deal of £4.44 million, including bonuses and other benefits, for the year to February. Tesco chief executive Ken Murphy (Ben Stevens/Parsons Media/PA)The deal included a base salary of £1.37 million for the year, while Mr Murphy also received £2.73 million in an annual bonus, alongside other benefits and pension payments. Meanwhile, the group’s finance chief Imran Nawaz received a £3 million total pay package for the year, including £1.36 million in bonuses. Mr Murphy will see his base salary increase by 3% next year, while Mr Nawaz will get a 4% increase. It comes after Tesco reported a roughly £1 billion profit for the year to February last month.

Source: The Times May 12, 2023 11:02 UTC