Double-digit executive pay boost ruffles feathers at Flutter’s agm | Business Post

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A double-digit pay boost for senior officials ruffled feathers at Flutter’s agm last week, with almost a third of shareholders voting against the move after disappointing full-year results and a share price tumble.

Flutter chairman Gary McGann defended pay increases to leading executives such as chief executive Peter Jackson , whose pay will rise 26 per cent to £1.17 million. Picture: Fergal Phillips

Paddy Power-owner Flutter faces having to ease significant shareholder concern over double-digit percentage pay hikes which were last week approved for two of the company’s most senior executives. Peter Jackson, the chief executive at Flutter, and Jonathan Hill, the company’s chief financial officer, are set for pay hikes of 26 per cent and 20 per cent, respectively, after their new remuneration packages were approved by the board.

 

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