Unilever CEO Paul Polman gets 51 percent rise to bring pay package to £10.3 million

Unilever CEO Paul Polman gets 51 percent rise to bring pay package to £10.3 million

The CEO of Unilever, Paul Polman received a hefty 51 percent pay rise in 2017, bringing his total pay package to £10.3 million, according to a report published by The Guardian.

The UK newspaper reports that Polman received a salary of £1 million, a bonus of £2 million and £6.4 million in long-term bonus shares.

The CEO of the Anglo-Dutch FMCG giant could see his stipend rise still more as the company completes an overhaul of executive pay this year. The new deal would increase Polman’s salary by 5 percent to £1.45 million, with a potential £9.9 million in bonuses and shares, dependent on performance.

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