BSkyB chief executive Jeremy Darroch's total remuneration package was boosted by almost 40% last year to just under £2m following his promotion to the top job.
Darroch, BSkyB's chief financial officer until December 6 last year, saw his total remuneration package - including pension, bonus and benefits - hit £1,962,050 for the year to the end of June, according to the company's annual report, published today.
His remuneration package rose by 37.8% from the £1,423,752 he received the previous year as chief operating officer.
Darroch's package consisted of a salary of £675,029, up £150,000 year-on-year, and a bonus payment of £1,216,250, up about £400,000 on 2007.
His pay package also included benefits of £17,132 and a pension payment of £53,639.
Darroch took the top role at BSkyB in December when James Murdoch was promoted to be chairman and chief executive of News Corporation's European and Asian operation.
Murdoch saw his £1m salary at BSkyB reduced to £75,000 on December 7 when he gave up his role as BSkyB chief executive to become a non-executive chairman, replacing his father, Rupert. News Corp is the largest shareholder in BSkyB.
He received a total remuneration package from BSkyB of £1,357,475 for the year to the end of June. This was down from the £2,993,124 Murdoch received in the previous year.
Murdoch received a salary of £493,897, a £827,292 bonus, £349 in benefits and £35,937 in pension payments from BSkyB in the year to the end of June.
Rupert Murdoch, who resigned as a director of the company on December 6 when he relinquished the chairmanship, received a salary of £32,404 in the past financial year.
Andrew Griffiths was awarded a base annual salary of £450,000 upon his appointment as Darroch's replacement as chief financial officer on April 7 2008.
James Murdoch's bonus was 80% of his base salary, and Darroch's was 162%, because BSkyB's performance for the year to the end of June "exceeded target by a substantial margin", the company said. Griffith received a £450,000 bonus, equal to base salary.
The maximum bonus the BSkyB chief executive can receive is double base salary, the maximum for the chief financial officer is 125% of salary.
In addition, Murdoch received 550,000 shares under BSkyB's long-term incentive plan, taking his total number of outstanding share options in LTIP - which are awarded subject to hitting future performance targets - to 1.1m at the end of June this year.
Darroch received 585,000 shares under LTIP during the year to the end of June, taking his total number of outstanding share options in the scheme to 875,000 as at the end of June.
He is also a non-executive director of Marks & Spencer Group, receiving £73,000 for the year to the end of June for that role, up from £65,333 last year.
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