8 hours ago
Mitie's boss takes £10m pay cut - but he still banks £6.5m
Mitie's boss has taken a £10m pay cut – but he still took home £6.5m.
Phil Bentley hit the jackpot when he was awarded a one-off bonus worth £11.2m at the cleaning, security and waste management group, taking his total pay in 2024 to £16.7m.
The sum was linked to Mitie's takeover of rival outsourcer Interserve's facilities management arm in 2020. The windfall was not repeated this year, meaning his pay fell to £6.5m.
Despite the huge drop Bentley, 66, has still bagged almost £40m since becoming chief executive in 2016.
Mitie was named Britain's most unequal company this week by the High Pay Centre think-tank. Bentley was paid 653 times more than the typical employee in 2024.
