Schultz’s £2m pay package deal included a £1.2m repair wage and £824,000 in bonus.
CFO Dominic Platt took dwelling £1m through the 12 months, with £637,000 in base pay and £423,000 in bonus.
Their bonuses, which stood at 38.5% of the utmost, are calculated primarily based on the corporate’s monetary efficiency towards its targets utilizing metrics reminiscent of revenue earlier than tax, income and web cashflow.
From 1 April 2025, the CEO and CFO obtained a wage improve of three% and 13%, respectively.
JD Sports activities can be proposing extra beneficiant pay packages which shareholders might be voting on at its Annual Common Assembly (AGM) on 2 July.
As a part of its proposed modifications, the retailer appears to extend the utmost performance-based bonus from two instances of wage presently to a few instances.
In its annual report, the retailer mentioned it has reviewed its present govt remuneration coverage to make sure the corporate can “entice and retain high expertise, significantly as we compete within the US market, the place incentive fashions are considerably completely different to our present construction”.
