KEITH NEILSON, chief executive of Edinburgh-based Craneware, saw his total pay increase by nearly 16 per cent, the company’s latest annual report shows.

Mr Neilson took home a total of £489,248 in the year ended June 30, up from £421,902 in the year ended, according to the company’s latest annual report.

Craneware, which specialises in revenue management tools largely sold to the US healthcare market, hiked pre-tax profits by 10 per cent to $13.9 million during the year in question.

Revenue increased by 11 per cent to $49.8m, with the company paying a total dividend of 16.5p (22 cents) per share for the year.