FTSE 100 CEO pay stretches to all-time high

120 times the average salary of a full-time worker

Linus Uhlig
clock • 2 min read

Compensation received by the CEOs of Britain’s 100 largest companies reached a new record of just below £4.2m in 2023, an increase of 2.2% on 2022’s £4.1m figure.

This means that the median FTSE 100 CEO received 120 times the average salary of a full-time worker in the UK, a slight decrease from the 124:1 ratio returned in 2022, according to the latest research from the High Pay Centre.  AstraZeneca's Pascal Soriot topped the salary rankings, having pulled in just shy of £16.9m last year.  FTSE 100 CEO pay grows 12% in 2022 Chief executives from Rolls Royce, Diageo and Prudential also made the top ten list, with HSBC's Noel Quinn raking in over £10.6m in 2023. Of the 100 companies surveyed, 11 had a female CEO serve for part of the year, ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a reporter at Investment Week

More on Companies

Sinking Pennon Group takes top spot as most shorted UK stock in Q1

Sinking Pennon Group takes top spot as most shorted UK stock in Q1

Kingfisher in second place

Eve Maddock-Jones
clock 02 April 2025 • 4 min read
Raspberry Pi's profits fall over 50% after 'transformative year' for the company

Raspberry Pi's profits fall over 50% after 'transformative year' for the company

Following June 2024 IPO

Linus Uhlig
clock 02 April 2025 • 2 min read
Kleinwort Hambros becomes UBP's UK arm following takeover

Kleinwort Hambros becomes UBP's UK arm following takeover

All London teams to move into Marylebone

Sorin Dojan
clock 01 April 2025 • 1 min read
Trustpilot