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The Guardian - UK
The Guardian - UK
World
Phillip Inman

Macron wants cap on ‘shocking and excessive’ executive pay

Emmanuel Macron
Emmanuel Macron says ‘society will explode’ if CEO salaries are not kept in check in France where executive pay has become a prominent election issue. Photograph: Christophe Petit-Tesson/EPA

Emmanuel Macron will push for a cap on excessive executive pay should he be re-elected president after he described as “shocking and excessive” the €19m (£15.7m) pay packet handed to the head of carmaker Stellantis.

Macron, who is campaigning in the run-up to the final vote for the French presidency on 24 April against far-right candidate Marine Le Pen, told France Info radio that he was in favour of an EU-wide ceiling for top executives’ pay.

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