Cashing in: GSK boss Emma Walmsley
GSK boss Emma Walmsley was paid almost £13m last year – taking her total earnings since she took the job to more than £55m.
The pharmaceuticals giant gave her £12.7m in 2023, including a £1.3m basic salary, over £300,000 of benefits and pension contributions and £11.1m of bonuses.
That was the biggest pay cheque she has received since taking the job in 2017. In total, Walmsley, 54, has been paid £55.3m since becoming chief executive.
Her earnings remain well below those of Pascal Soriot, who is chief executive of rival AstraZeneca. He was paid £16.9m last year and has received a total of £135m since getting the job in 2012.
GSK revenues edged up to £30.3billion last year, while profits rose nearly 8pc to £6.1bn. Shares are up nearly 15 per cent this year but are broadly unchanged since Walmsley took over.
Pay is again a hot topic in the City with David Schwimmer, boss of the London Stock Exchange Group (LSEG), this week saying UK companies need to offer bosses more to compete with US businesses.
