Thierry Falque-Pierrotin, chief executive of Comet owner Kesa, is the most ‘overpaid’ FTSE 250 chief executive a study has found.

Falque-Pierrotin made £352,000 more than he should have last year based upon Kesa’s market value and revenues, according to a survey by pay specialist Inbucon reported by The Times.

The research also revealed Sports Direct chief executive Dave Forsey to have been ‘underpaid’ by £327,588.

Falque-Pierrotin was paid a base salary of £891,000 last year and his total compensation was £2.1m. During that period Kesa’s profits rose to £69.6m after it suffered a loss the previous year, but the group’s sales fell by 1.5% on a like-for-like basis.

Forsey’s base pay was £150,000, the same as his total compensation.