Ashley Almanza has been chief executive of G4S since May 2013, taking over from Nick Buckles in the aftermath of scandals connected to G4S’s role in the 2012 London Olympics.
Almanza has now been awarded 73 per cent pay rise, as a reward for making G4S profitable again. In 2014 he earned £2.5 million; in 2013 he earned roughly £1.9 million, thanks to the addition of a significant cash bonus to his base salary.
A spokesperson from the company said: “G4S has structured its remuneration packages to drive the financial, operational and cultural changes necessary to ensure our business is both delivering for stakeholders and able to take advantage of the long-term growth opportunities.”
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