5 Aug 2014

New Stagecoach CEO rakes in £2.27 million

Stagecoach Group chief executive Martin Griffiths 'earned' £2.27 million for his first year in the top job. The company's annual report shows his salary and performance-related bonus was £600,000 – while the value of long-term shares he received was £597,311.
He also received his bonus in full after Stagecoach matched its profit target of £214m. Griffiths was promoted to the top job in May 2013 after Brian Souter decided to step back from day-to-day management of the company he founded.