Bosses to rake in £3m

WhITBreaD’s senior management will be handed up to £3.3m as a reward for selling Costa to Coca-Cola.

alison Brittain, the hospitality giant’s chief executive, stands to receive a £1.7m bonus for her role in the deal – potentially taking her pay to £4.1m this year.

Finance chief Nicholas Cadbury is on course to get a £1m bonus, while human resources boss Louise Smalley could get £660,000.

The bonanza follows Whitbread’s pay committee proposed changes to its bonus schemes to take account of plans to sell its Costa brand.

Changes voted through by shareholders in June, a month after Brittain first met Coca-Cola boss James Quincey, introduced a performance pay scheme linked to the goal of selling Costa or carrying out a de-merger.

a Whitbread spokesman yesterday declined to comment on the pay scheme.