Kpmg Chief's Pay Leaps by 45% to Pounds 2.4 Million
Evening Standard - London › January 19, 2004
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Summary
THE top man at accountancy giant KPMG has become one of the best paid bosses in Britain with his remuneration shooting up by a staggering 45% to more than Pounds 2.4 million.
The pay rise for Mike Rake, easily Britain's best-paid numbercruncher, comes in a year of flat revenues saved only by significant growth in audit work on the back of the post-Enron crackdown on companies' financial reporting.See the full content of this document
Extract
Kpmg Chief's Pay Leaps by 45% to Pounds 2.4 Million
KMPG's annual report and accounts, out today, reveal that Rake receives base pay as UK senior partner of Pou...
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