According to the essential read that is the Financial Times, EMI boss Alain Levy was paid nearly 30% more in 2005 than 2004 as part of a deal to bring his pay packet more in line with those received by people in similar roles in rival companies. The FT reckons that that means he will receive £1 million, rather than the £700,400 he got last year. Given that his total pay packed including bonuses will be an estimated £2.05 million, it's just as well that Coldplay album is selling well.
Jun 16, 2005
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1 min read
EMI boss Alain Levy's pay up 30%
According to the Financial Times, EMI boss Alain Levy's pay rose nearly 30% in 2005 to around £1 million as part of a deal aligning him with rivals.