Tesco IT chief gets £2.2m

News

Tesco IT chief gets £2.2m

Antony Savvas

Tesco’s international operations and IT director received over a 22% earnings increase to £2.2m this year.

The increase for Philip Clarke is revealed in Tesco’s annual report and includes basic pay of £628,000 and various cash and share bonus awards.

Clarke picked up a total of £1.8m last year at the thriving company, where he has spent his entire working life.

The 45-year-old director is overshadowed in the pay stakes, however, by Tesco chief executive officer Sir Terry Leahy.

Leahy saw his pay package rise to almost £4m, which represented nearly a 25% jump from the previous year.

The salary details are covered in the company’s annual report for the 12 months ended 31 March 2006.

The UK’s leading supermarket posted record profits of £2.25bn for the year.

 

 

Related Topics: IT strategy, VIEW ALL TOPICS

Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.
 

COMMENTS powered by Disqus  //  Commenting policy