Ex-Vodafone CEO has £702,000 pension

Vodafone’s
annual report has revealed Sir Christopher Gent, who retired as CEO in
December, retains a £702,000-a-year pension and a £100,000 Bentley, given to
him by the company.

His
successor, Arun Sarin, has earned £3.2m since he joined the company last April,
including his £1.2m basic pay, bonuses and an £835,000 relocation fee from his
job on the west coast of the US, to Vodafone in Berkshire.

Vodafone
saw a 19 per cent rise in profits to £10bn during Sarin’s first year.

By Michael Millar

Comments are closed.