Boots UK Limited reported a £47 million increase in its operating profit
A boss of a Nottingham-based international company has more than doubled his pay in 2023. Sebastian James, who is understood to be the highest-paid director of Boots took home £3.8m last year in 2022, according to the company's financial reports.
Documents show that Mr James took home £1.9m in fixed pay last year as well as £1.8m in long-term incentives and a further £100,000 in "company contributions to defined contribution schemes". This is more than double his £1.5m from 2021. This comes as Boots UK Limited reported a £47 million increase in its operating profit to £55 million from 2021 to 2022. Boots has more than 2,000 stores nationwide and has its headquarters in Nottingham.
It was founded in the city in 1849 and has since grown into an international company, with stores across the globe. The retailer remains a popular choice with shoppers looking to get their hands on a range of health and beauty items, including drugstore and high-end brands.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sienna Miller Is Wearing Her Signature Noughties Boots At GlastonburySienna's 2023 Glastonbury outfit is one for the books.
Read more »
Boots shoppers praise £10 anti-wrinkle serum that 'works like laser treatment'The product is part of Boots' £10 Tuesday online deal and is said to 'immediately transform' the skin
Read more »
Boots to close 300 stores across the UKHundreds of Boots stores will reportedly be closed over the next 12 months. According to reports, the high street pharmacy is not expected to make any of it 52,000 team members redundant as a result of the move.
Read more »
Boots to close 300 shops across the country - is your local at risk?BOOTS is set to close 300 shops across the country over the next year. The move will reduce the popular chain’s store portfolio from around 2,200 to just 1,900. While Boots hasn’t confi…
Read more »
Boots to close 300 branches across the UK after quarterly results publishedThe high street giant plans to focus on fewer individual stores.
Read more »
Boots to close 300 UK pharmacies over the next yearThe US-owned chain says it will 'consolidate' stores in close proximity to each other.
Read more »