Capita chief’s bonus and share options deliver pay hike

The chief of the company which runs London’s congestion charge and the IT systems for the Criminal Records Bureau made £2.2m from his pay and share options package last year.

Remuneration details for Rod Aldridge, executive chairman of the business process outsourcing firm, are revealed in the company’s 2004 accounts.

They show that Aldridge received a £177,650 bonus on top of his £323,000 salary. With benefits, that took his pay to £531,703 – up 5% on 2003.

However, he topped it up by cashing in 750,000 share options, earning him an extra £1.72m. He has also received just under £1m in dividends from his 17.8 million shares in Capita.

Capita prides itself on paying ‘low’ base salaries to its directors but awarding them large performancerelated bonuses and share options.

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