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ScottishPower's top executive earned £69,000 last year

THE highest-paid director at ScottishPower received just £69,000 in 2011 as the company was without a chief for much of the year, accounts filed with Companies House revealed.

This compares to 2010, when outgoing ScottishPower chief executive Nick Horler was paid £1.3 million, including a £840,000 golden goodbye, after quitting as the company suffered falling profits.

In July 2011 ScottishPower, owned by Spanish utility giant Iberdrola, announced Keith Anderson, head of its renewable energy arm, had been appointed as chief corporate officer of the overall ScottishPower business.

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