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25/09/2021

Who’s Getting What?

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Former prime minister Theresa May was paid £502,837 for 12 “virtual” speaking engagements from last September to June, making her the highest-earning MP last year, says The Mail on Sunday. May had commanded a speech fee of up to £110,000 before the pandemic; rates for some speakers fell by 90% during the lockdown. Still, the MP for Maidenhead held up better than most.

May’s online rates were between £38,000 and £48,245, according to Parliament’s Register of
Members Financial Interests. Jozsef Varadi, the chief executive of Wizz Air, stands to reap a £100m bonus if the share price of the Budapest-based low-cost airline rises from £48 to £120 over the next five years, says the Financial Times. The one-off award, one of the biggest-ever payouts from a London-listed company, would be paid in shares over a four-year period. It would also make Varadione of the highest-paid executives in the European airline industry.

Online giant Amazon plans to award its new boss, Andy Jassy (who currently also leads the Amazon Web Services division) stock worth around $214m at current prices, says Reuters. The 61,000 shares will pay out over ten years, starting from last Tuesday, when founder Jeff Bezos formally stepped down. Jassy made $41.5m from vested stock in 2020, and he stands to make another $45.3m from stock vesting this year.

Kris Paterson is a writer for WhatJobs.com

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