The coffee shop chain, Pret a Manger, handed a near-£4m share bonus and 27% salary rise to its chief executive in the same year it cut staff pay and took more than £50m in government support via furlough and business rates relief.
Pano Christou received £4.2m in the year to the end of December 2021, including a £400,000 salary.
Pret cut paid breaks for ordinary workers, meaning someone on an eight-hour shift, including a legally required half-hour break, would receive just over 6% less for each shift compared with pre-pandemic levels.
Pret is controlled by JAB Holding Company, a Luxembourg investment vehicle for Germany’s billionaire Reimann family, which owns a string of brands including Dr Pepper drinks, Douwe Egberts coffee and Krispy Kreme doughnuts.
Pret a Manger CEO handed near-£4m bonus in year staff pay was cut | Pret a Manger | The Guardian
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