LONDON -(Dow Jones)- Jeremy Darroch, the chief executive of British Sky Broadcasting Group PLC ( BSY .LN), was awarded a GBP2.2 million retention bonus in shares during News Corp.'s ( NWS ) failed GBP8 billion bid to take full control of the satellite broadcaster, the Financial Times In London reported Saturday, citing a report published by Incomes Data Services.
On top of this, Darroch received a total package of GBP7.2 million last year, which included a basic salary of GBP0.88 million, a maximum cash bonus of GBP1.7 million and a share package amounting to GBP4.4 million that falls under the long-term incentive scheme, the newspaper said.
Details of his remuneration showed that despite the economic downturn, FTSE 100 directors saw their total earnings rise by 49% in the past financial year, taking the average to just under GBP2.7 million.
The remuneration committee at BSkyB has increased Darroch's salary for the current financial year, which started on July 1, by 5.3% to GBP935,000, the FT said.
News Corp. owns Dow Jones & Co., publisher of this newswire and The Wall Street Journal.
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