Financial Times CEO returns â¹4.5 cr pay rise after backlash
Financial Times CEO John Ridding will return a pay rise of Â£510,000 (over â¹4.5 crore) after backlash from the newspaper's journalists. Ridding said that his salary was set by FT's Japanese owner Nikkei, adding that it was independently assessed and "highly performance-related". The 53-year-old was paid Â£2.6 million last year, compared with Â£1.6 million in 2015, when Nikkei bought FT.