The highest-paid CEOs of the FTSE 100 companies for 2023

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The FTSE 100 is an index of the 100 largest companies listed on the London Stock Exchange and represents the UK’s leading firms by market value. It includes major multinational corporations from a variety of industries and serves as a key indicator of the UK’s economic health. Dive into our roundup of the top ten highest-paid FTSE 100 CEOs of the year to see who tops the charts and how much they earn for their efforts. (Image: shutterstock)

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Pascal Soriot – AstraZeneca | Salary: £16.85m — AstraZeneca CEO Pascal Soriot has the highest salary among CEOs in the FTSE 100 index. Under his leadership, AstraZeneca has made significant progress in drug development, including the production of the Oxford-AstraZeneca COVID-19 vaccine. Soriot’s role in leading the company through major advances in oncology and other therapeutic areas is reflected in his top-tier remuneration.

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Erik Engstrom – RELX | Salary: £13.64m — Erik Engstrom leads RELX, a global provider of information and analytics services. His management of the company’s diverse portfolio – spanning scientific, technical and medical sectors, as well as business and risk information – has been instrumental to RELX’s growth and competitive advantage. Engstrom has been at the helm since 2009, guiding the company through significant developments.

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Tufan Erginbilgic – Rolls-Royce | Salary: £13.61m — Tufan Erginbilgic’s remuneration underscores his leadership of Rolls-Royce, a leading manufacturer of aircraft engines and power systems. Erginbilgic, who will take over from Warren East in early 2023, has played a pivotal role in driving innovation and efficiency across the aerospace and defence sectors. His remuneration reflects his role in leading Rolls-Royce through a period of transformation.

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Charles Woodburn – BAE Systems | Salary: £13.45m — As CEO of BAE Systems, Charles Woodburn oversees a company that is at the forefront of defence, security and aerospace solutions. Woodburn’s leadership has been crucial in enhancing the company’s capabilities and maintaining its position as a key player in the global defence industry. His impact includes the advancement of defence technologies and security solutions.

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Emma Walmsley – GSK | Salary: £12.72m — Emma Walmsley, CEO of GSK, has been instrumental in driving the company’s global pharmaceutical and vaccine efforts. Her leadership is characterized by significant advances in drug development and global health initiatives. Walmsley’s salary reflects her role in guiding GSK through critical phases of growth and innovation.

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Andy Bird – Pearson | Salary: £11.27m — Andy Bird led Pearson until January 2023, the world’s largest education company. His substantial remuneration highlights his role in improving learning outcomes and driving educational innovation. Bird has been instrumental in Pearson’s efforts to transform education through innovative digital solutions and practices.

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Debra Crew and Ivan Menezes – Diageo | Salary: £10.99m (combined) — Chief Executive Debra Crew and the late Ivan Menezes led Diageo, a global leader in premium spirits brands. Their combined pay reflects their shared role in overseeing Diageo’s broad portfolio, which includes iconic brands such as Johnnie Walker and Guinness. Their leadership was instrumental in maintaining Diageo’s market position and driving growth in the global drinks industry.

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Mark FitzPatrick and Anil Wadhwani – Prudential | Salary: £10.85m (combined) — Chief Executive Officers Anil Wadhwani and Mark FitzPatrick (who served as interim Group CEO until February 24, 2023) guide Prudential’s international insurance and financial services strategies. Their joint compensation underscores their collaborative efforts to guide Prudential through a complex global financial landscape.

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Noel Quinn – HSBC | Salary: £10.64m — Noel Quinn, CEO of HSBC, leads one of the world’s largest financial services organisations. His substantial salary reflects his role in managing HSBC’s extensive global operations and navigating the complexities of international finance. Quinn’s leadership has been instrumental in guiding HSBC through regulatory challenges and strategic transformations in the global banking sector.

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Kris Licht – Reckitt | Salary: £8.88m. Kris Licht, who became Reckitt’s CEO in October 2023, oversees the company’s efforts in health, hygiene and home products. Licht’s compensation reflects his role in driving Reckitt’s strategic initiatives and improving consumer well-being. His leadership is focused on enhancing Reckitt’s product offering and maintaining its position as a leader in consumer health and hygiene.

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