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Pay package in the spotlight Chris Grant, Vodafone |
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Vodafone’s announcement last month of a new pay deal for chief executive Chris Gent raised a predictable investor outcry. Gent’s package, shareholders argued, was too much for too little and set a dangerous precedent for patterns of compensation at Vodafone and other blue-chip companies. The news that Gent was paid £2.4 million ($3.5 million) – an increase of almost a third – in a year in which Vodafone recorded a loss of £13.5
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