Contrarian Investor UK invests mainly in UK FTSE and AIM listed shares. Like famous contrarians, Warren Buffett and Anthony Bolton, he likes to take a different view to the crowd of investors. He prefers the short term, possibly speculative trade, to the long term hold and takes the view that it's about "buy and research" not "buy and hold"! This blog tracks Contrarian Investor UK's thoughts on the stockmarket and his portfolio's trades. Move against the herd with the Contrarian Investor UK!
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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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