Daily Mail



TWO of the UK’s top bosses have pocketed bumper payouts – despite the country being in the grip of a cost-ofliving crisis.

BP’s chief executive Bernard Looney and Emma Walmsley, who heads GlaxoSmith­Kline, scooped a combined £18.5m for 2022.

Looney’s pay packet more than doubled to £10m last year.

He was paid a salary of £1.37m and an annual bonus of £2.37m, alongside shares worth £6m last year.

Looney, 53, was awarded a sum 120pc higher than the £4.5m he received in 2021 after BP posted annual profits of £23bn last month.

Walmsley, 53, boss of Britain’s biggest pharmaceut­ical company, pocketed a remunerati­on package of £8.5m, more than the £8.2m garnered the year before.

GSK awarded her a salary of £1.2m, slightly higher than the sum she was paid in 2021. She also pocketed a bonus of £3.1m, alongside a share award of £ 3.7m. It comes after a tough year for Walmsley as GSK spun off its consumer division into a new company called Haleon.

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 ?? ?? In the money: Emma Walmsley and ( inset) Bernard Looney
In the money: Emma Walmsley and ( inset) Bernard Looney

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