Burberry ’s CEO Joshua Schulman has earned almost £2.6 million in his first nine months at the business, with the figure including hundreds of thousands to relocate him to the UK and a £1 million+ bonus.

With former CEO Jonathan Akeroyd having received a payoff adding up to around £1.5 million following his July 2024 exit, the numbers come in stark contrast to the firm’s aim to cut costs, an aim that will include around 1.700 job cuts.

The firm’s annual report showed that Schulman could earn multi-millions this year if he meets key targets that will trigger bonus payments. And in future he could received £3.6 million if the company’s share price doubles in three years and it gets back into the elite FTSE 100 index that would see demand for its shares rising even further.

Earlier th

See Full Page