• Text size      
  • Send this article to a friend
  • Print this article

Pay rise for highest paid director at Business Stream

THE remuneration of the highest paid director at Business Stream, Scotland's dominant provider of non-domestic water services, has risen by 15 per cent, writes Scott Wright.

New accounts for Business Stream, headed by chief executive Mark Powles, at Companies House show the package of the highest earning director rose to £242,800 for the year ended March 31.

This compares with £211,000 the year before.

The accounts show the package included a salary of £158,000, up from £147,200, a bonus of £74,800 and benefits totalling £10,000. The bonus and benefits accrued to the highest paid director were booked at £54,300 and £9,500 respectively in 2013. Total directors' remuneration at Business Stream increased to £437,400 from £381,900, as the organisation saw pre-tax profits rise to £38.3 million from £35.3 million the year prior.

Contextual targeting label: 
Business

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

251406