On Wednesday 30 November, Occupy London – part of the global movement for social and economic justice – sent a message to Mick Davis, CEO of Xstrata: As the highest paid director of any FTSE 100 company, we will not let your outrageous income go unnoticed.
Later in the day Xstrata’s PR firm went on to correct our statement, arguing that CEO Mick Davis took home £17.7m, as opposed to the £18,4m that Occupy London stated as identified by employment research organisation Incomes Data Services (IDS). [1] Needless to say it makes no difference, considering that in 2009, the worst year of the recession, Mr Davies took home a staggering £27m, including basic pay, bonus and share options, according to the company’s annual report.
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