The insurance industry does not have too many “fat cats”, according to a recent survey of FTSE 100 directors. Indeed, CGNU was the only general insurer that had a significant showing in the survey.
Ex-group chief executive Bob Scott is top of the CGNU pile with total remuneration (including options) of £1.6m for last year. Next is Peter Ward, who left the company last year. He picked up £1.4m. New group chief exec Richard Harvey collected £1.2m and Peter Forster picked up £1.1m.
Despite Misys' Screentrade performance, three of its directors picked up more than £1m last year. And Capita bosses Gordon Hurst and Paddy Doyle picked up over £2m each.