The annual pay package of the boss of GlaxoSmithKline, Emma Walmsley, has jumped by 50% to £12.7m, mainly because of a higher share bonus payout reflecting the British drugmaker’s improved performance.
Walmsley’s huge pay rise makes her one of the highest-paid executives in the FTSE 100 index of leading shares, a week after it emerged that her counterpart at Britain’s biggest pharmaceutical group AstraZeneca, Pascal Soriot, received a £16.9m pay package last year and is in line for an even higher package, £18.6m, this year.
