Watches of Switzerland CEO's Pay Rises by 85.9% to £1.3m
UKPulse Money Desk
Brian Duffy, CEO of Watches of Switzerland, saw his pay increase by 85.9% to £1.3 million following a record year for the company. This significant rise was largely attributed to a substantial bonus payout.
- Brian Duffy's pay increased by 85.9% to £1.3 million.
- His pay last year was £710,271.
- A bonus payout of £750,000 was the main reason for the pay rise.
Brian Duffy, the chief executive of Watches of Switzerland, received a pay increase of 85.9%, bringing his total remuneration to £1.3 million. This figure is up from £710,271 in the previous year.
The substantial jump in pay was primarily due to a £750,000 bonus payout, following what was described as a record year for the company.