The Fat Cats of Food Retail: Tesco's CEO Gets a Raise While Workers Wait Tesco's recent surge in market share may be a cause for celebration, but behind the scenes, something more disturbing is unfolding.
Ken Murphy, the company's chief executive officer, saw his pay rise by over £1 million last year to a staggering £10. 8 million.
Murphy's basic pay increased by just 3%, a modest hike that pales in comparison to the tens of millions he stands to gain from bonuses and long term incentives.