Centrica CEO Pay Reduced by Half ...Middle East

The boss of Centrica, the FTSE 100 parent company of British Gas, has seen his pay slashed by almost half for the group’s latest financial year. Chris O’Shea took home £4.3m for the 12 months, down from the £8.2m he received in the prior year. O’Shea, who has been CEO of the FTSE 100 company since 2020, had previously received £4.49m in 2022. His latest pay packet included a base salary of £845,000, £1.4m from the annual incentive plan and £2m from the long-term incentive plan. Last year’s…

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