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Wednesday, June 3, 2009

Arun Sarin gets £8.8 million Vodafone payout

Remember Arun Sarin?  Of course you do. The former Vodafone CEO received a total of £8.8 million in pay, bonuses and benefits for his four months running the company last year. The figures, revealed in the full version of Vodafone’s annual report this week, include £436,000 salary, £434,000 of bonus shares, £546,000 in dividend payments, extra awards (including a relocation fee) of £553,000 and incentive shares worth £6,860,079. [Sources: Telegraph.co.uk; FT.com]

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