The boss of Sainsbury's has pocketed a £3.8 million pay and bonus package, the supermarket chain has revealed. It comes as the retailer faces criticism for increasing the size of dividends by nearly a quarter to £300 million while customers struggle with the cost of living crisis.
Chief executive Simon Roberts earned £2.8 million in bonuses for the year to March 5, in addition to his annual £875,000 salary and other benefits. The gigantic deal includes a yearly bonus of £1.7 million and £1.1 million in long-term incentive scheme shares.
Mr Roberts picked up £1.3 million the previous year. He started in his role part-way into 2020/21, taking over from Mike Coupe in June 2020.