Her pay bump, which was announced on the same day as hefty potential increases for the bosses of Aviva and Intercontinental Hotels Group, comes as UK pharmaceutical companies attempt to put executive pay packets on a par with those at US rivals.
Amanda Blanc, who runs Britain’s biggest insurer, Aviva, landed a pay package of £7.2m last year, down from £7.3m in 2023, according to the firm’s annual report.
AstraZeneca, the UK’s biggest drugmaker, paid its chief executive, Pascal Soriot ,£14.7m last year, down from £17.4m in 2023, it said last week.
At Intercontinental Hotels Group, the chief executive, Elie Maalouf, was paid £7.5m last year, up from £4.2m in 2023 when he took the helm halfway through the year.
UK pharmaceutical companies aim to put executive pay on par with US rivals’ but package will depend on share price.
