Talent wars | Major firms offer millions to attract and retain top bosses

• Buyout group offers £1.75m to M&S boss to take up part-time board role.

• Investment bank JP Morgan outlines its desire to keep its long-term CEO on board with lucrative stock rights offer.

• Six-figure sums shine a spotlight on big firms’ thoughts on the current state of the leadership talent pool.

Major firms have paid out millions in bonuses and shares to attract and retain top bosses, in a bid to hold on to top talent in “a highly competitive landscape.”