Trades and observations from a British contrarian stock investor

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Thursday, April 8, 2010

Reckitt's Becht earns close to £100 million in 2009

Reckitt Benckiser (RB) Chief Executive, Bart Becht, earned £93m in 2009 making him one of the best paid business leaders in the world. Having grown earnings per share from 92p to 195p over the last few years it could be said that Becht deserves this payout which is largely a share based compensation package. However, is any CE really worth close to £100 million a year despite being credited with making Reckitt the P&G of Europe? At least Becht will donate three million Reckitt shares, worth £110 million, to his charitable trust.

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