THE boss of British Gas’s parent company Centrica is poised to pocket £4.26million this year — as millions of families struggle to pay their bills. Chris O’Shea is on course for the bumper payday a…
THE boss of British Gas’s parent company Centrica is poised to pocket £4.26million this year — as millions of families struggle to pay their bills.
is on course for the bumper payday as Centrica yesterday recorded a five-fold increase in its operating profits to £1.34billion.Credit: Times Newspapers Ltd If the company’s share price rises by 50 per cent — and it has risen by 90 per cent in the past year — Mr O’Shea could pocket a £4.26million total pay packet.Last year, he was paid £875,000 and would have been eligible for a bonus of £1.16million but did not take it “given theYesterday, he was also forced to defend the company’s controversial decision to start handing back money to shareholders in dividends.
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