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Boss of UK’s largest gambling firm GVC takes £150,000 pay cut

Kenny Alexander’s basic salary is reduced from £950,000 after ‘feedback’ from investors The boss of the UK’s largest gambling company has taken a £150,000 pay cut in an effort to stave off a shareholder rebellion at next week’s annual meeting over his £19.1m pay package. GVC, which owns bookmakers Ladbrokes and Coral as well as multiple online betting brands, said its chief executive, Kenny Alexander, had volunteered to have his basic salary reduced from £950,000 to £800,000 after “feedback” from investors. Continue reading...

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Read the full Article: Boss of UK’s largest gambling firm GVC takes £150,000 pay cut


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