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£1m for boss of Wood Group

ALLISTER Langlands saw the value of his pay and benefits top £1 million for the first time last year after leading Wood Group through a period of change.

The annual report of the Scottish oil services giant shows Mr Langlands received total emoluments of £1.05m for 2011, up 17% on the £0.9m he earned in the preceding year.

Chief executive of Wood Group since January 2007, Mr Langlands earned bonuses totalling £542,000 last year, compared with £404,00 the preceding year.

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