Executive earner
hAS AstraZeneca’s boss Pascal Soriot ‘earned’ £120 million in ten years ( Mail), or is that just the enormous sum he has been paid?
No doubt Mr Soriot is a talented executive, but he is also one of the winners in life’s lottery.
An entrepreneur who bets his farm on an idea earns the great riches he may accumulate, but ‘hired help’ like Soriot are just smart managers who risk almost nothing in a one-way bet with shareholders.
TONY CATER, Grays, Essex.