BSkyB chief executive, Jeremy Darroch, received more than £7 million (€8.75m) in total remuneration and share award payouts last year, including a maximum bonus of almost £1.9 million.

Darroch’s total remuneration, which includes salary, bonus, pension and benefits for the year to the end of June rose 7 per cent year on year to £2.98 million. He received a £1.87 million bonus, the maximum achievable of 200 per cent of his base salary, while he also received a 5.29 per cent pay rise from £888,000 to £935,000.

The company said Darroch’s bonus was based on “three equally-weighted measures” – operating profit, free cash flow and product growth.

Darroch also received £4.32 million for 620,000 shares which vested as part of BSkyB’s long-term incentive plan. Darroch personally holds 296,157 shares in BSkyB, worth about £2.2 million at the current share price.

Other posts by :

1. Space Sector: ‘Profound Acceleration in 2026’
2. Starcloud wants 88,000 satellites
3. Lynk Global requests “experimental” satellite access
4. Safran Space links laser direct to satellite
5. SpaceX fearful of AST SpaceMobile’s potential?
6. Equatys wants 2,800 new satellites
7. FCC eyes freeing up Weird Space Stuff spectrum
8. SES happy with releasing 160MHz of spectrum for 5G
9. Inmarsat “likely to win appeal” over Ligado/AST action

Categories: Articles, Business, Pay TV, People