Tesco, Sainsbury’s and Morrisons execs scoop hefty bonuses

Dave Lewis

Source: Peter Searle

Executives at three of Britain’s biggest grocers have been awarded hefty bonus packages.

Bosses of Tesco, Sainsbury’s and Morrisons have all taken home share-based rewards based on their performance in their latest financial years – despite the latter two businesses deferring decisions on dividend payments amid the coronavirus crisis.

Tesco chief executive Dave Lewis was handed a £6.4m pay package for the grocer’s performance during its 2019/20 financial year – the largest remuneration of any Tesco executive since the departure of Sir Terry Leahy in early 2011.

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