‘Red top’ warning over payouts for Simon Wolfson and Andy Hornby after chains given Covid support
The fashion retailer Next and the restaurant group behind Wagamama are facing a potential backlash over executive bonuses after both their chief executives received the highest pay since 2015 while benefiting from government support.
Simon Wolfson, chief executive of Next, whose pay will be put to the vote on Thursday, took home almost £4.4m last year, up 50% on the year before, after being awarded an annual bonus worth 100% of his basic salary and two share bonuses based on long-term performance.
