Hargreaves Lansdown chief Gorham sees pay jump to £10.6m

clock

Ian Gorham, chief executive of D2C giant Hargreaves Lansdown, saw his total pay climb to £10.6m this year after cashing in some long-term share options.

Gorham's pay climbed from £6.8m due to the exercise of £8.8m in historic options awarded by the company's share scheme over the past few years. His 2013 salary had been boosted by a crystallisation of £3.6m worth of other share options. Gorham's decision to cash-in his latest options follows a huge climb in the company's share price, which has risen from 275p five years ago to as high as £15.49 at the start of 2014. Gorham's basic pay remained static at £412,000, unmoved from the previous year, while he also received a cash bonus of £1.1m as well as a further £49,000 of other benef...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Transact reports £2.4bn gross inflows as digitisation continues

Transact reports £2.4bn gross inflows as digitisation continues

Q1 trading update for parent company IntegraFin

Jenna Brown
clock 14 January 2025 • 1 min read
M&G sues Royal London for £27m over client access to 'inappropriately risky investments'- reports

M&G sues Royal London for £27m over client access to 'inappropriately risky investments'- reports

Over Ascentric purchase

Linus Uhlig
clock 23 December 2024 • 2 min read
How adviser platforms bridge Consumer Duty and vulnerable client care

How adviser platforms bridge Consumer Duty and vulnerable client care

'For vulnerable clients, the concept of value for money takes on heightened importance'

Darren Winfield
clock 16 December 2024 • 5 min read