AG Barr chief executive Roger White is to be handed a massively increased pay package of up to £2.8 million plus a £1.4m payout on existing incentive schemes if the Irn-Bru maker’s reverse takeover of soft drinks rival Britvic is approved.
The merger would create a company with annual sales of more than £1.5 billion.
Documents sent to shareholders yesterday reveal that, on becoming chief executive of the combined Barr Britvic Soft Drinks, Mr White’s basic salary will rise to £530,000.
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