L&G boss Sir Nigel Wilson sees his total salary since becoming the company’s chief executive soar to £40.8m after pocketing £4m last year
Legal & General boss Sir Nigel Wilson received £4m last year, bringing his total salary since becoming chief executive to £40.8m.
The insurance and asset management giant’s boss, who announced his intention to retire in January, has overseen a steady performance since taking the reins in 2012.
Shares are up 90% since he took office, compared to a 36% increase for the FTSE 100 index.
In the money: Legal & General boss Sir Nigel Wilson has overseen a steady performance since taking the helm in 2012
His salary for 2022 was a slight drop from the £4.5m package in 2021, but still puts him comfortably among Britain’s highest-paid bosses.
Aged 66, he joined the company in 2009 as Chief Financial Officer. Under him, assets under management soared to £1.2trillion and the group led investments in areas including housing, infrastructure and science parks.
Wilson, an avid athlete who grew up on a municipal estate in County Durham, advocated for “inclusive capitalism,” earning returns to investors while making investments that help tackle inequality.
The father-of-five has served on business advisory boards and was knighted last year. He rejected an offer to serve as investment minister under Liz Truss.
