Centrica boss to get £3.6m bonus despite sharp fall in profits

Chris O’Shea will receive a total of £4.7m despite British Gas owner suffering a shareholder rebellionThe owner of British Gas will hand its chief executive, Chris O’Shea, another salary increase despite a shareholder rebellion over its decision to raise his pay last year while households faced record levels of energy debt.O’Shea will receive £4.7m for 2025 after Centrica increased his base salary from £855,000 to £1.1m. He will also receive a £1.4m bonus – half in shares, which vest in three years – and £2.2m from the company’s long-term investment plan. Continue reading...