£43m a year: Britain's highest-paid CEO revealed

WPP CEO Sir Martin Sorrell was paid nearly £43million last year, making him the highest paid boss of a British public company.

Sorrell’s salary is £1.15million, but his total pay was increased by a £36million long-term incentive plan (LTIP) bonus, and a £3.6million short-term bonus. With a £465,000 pension payment and other items added to the mix, Sorrell earned a total of £42.98million, more than twice the sum the second-best paid FTSE 100 CEO, Ben van Beurden at Royal Dutch Shell, received (£17.5million), and more than eight times the £5.04million average pay for a FTSE 100 boss.

The world’s biggest advertising company announced Sorrell’s LTIP last month, having replaced the LTIP with a less bounteous package in 2013 after a majority of shareholders (60%) voted against Sorrell’s pay at the group’s 2012 AGM.