The boss of British Gas owner Centrica has told the BBC his pay last year of £4.5m is “impossible to justify”.
Chris O’Shea described the package of salary, bonus and shares as a huge amount of money and said he was incredibly fortunate.
While he pointed out that he did not set his pay, he admitted that – with customers struggling with bills – “you can’t justify a salary of that size”.
While he pointed out that he did not set his pay, he admitted that – with customers struggling with bills – “you can’t justify a salary of that size”.
Mr O’Shea was speaking to BBC Breakfast about a range of topics, including ongoing concern from households about fixed standing charges.
There was also discussion about the high cost of gas and electricity in recent years, which have played a huge part in cost-of-living pressures faced by households.
But when the interview turned to his own pay package, he admitted that there was “no point” in trying to justify what he received.
“I’m incredibly fortunate,” he said. “I don’t set my own pay, that’s set by our remuneration committee.
The boss of British Gas owner Centrica has told the BBC his pay last year of £4.5m is “impossible to justify”.
While he pointed out that he did not set his pay, he admitted that – with customers struggling with bills – “you can’t justify a salary of that size”.
Chris O’Shea described the package of salary, bonus and shares as a huge amount of money and said he was incredibly fortunate.
While he pointed out that he did not set his pay, he admitted that – with customers struggling with bills – “you can’t justify a salary of that size”.
While he pointed out that he did not set his pay, he admitted that – with customers struggling with bills – “you can’t justify a salary of that size”.
Mr O’Shea was speaking to BBC Breakfast about a range of topics, including ongoing concern from households about fixed standing charges.
There was also discussion about the high cost of gas and electricity in recent years, which have played a huge part in cost-of-living pressures faced by households.
But when the interview turned to his own pay package, he admitted that there was “no point” in trying to justify what he received.
“I’m incredibly fortunate,” he said. “I don’t set my own pay, that’s set by our remuneration committee.
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