Nikkei (FT) CEO Mark Potter is to return part of his £ 2.6m ( 510,000 ) salary, after some of the newspaper ’s reporters complained about his pay. Ridding asserted that his pay was set by the newspaper’s owners, Financial Times , and was independently assessed. Ridding said “the first call” on the money would be a women’s development fund to boost the FT’s efforts to promote women to more senior roles and reduce the gender pay gap. Ridding said that he was reinvesting “the increase awarded in 2017 , which is £ $3.3m before tax” into the FT. Some of the money will be used to create a women’s development fund to decrease the FT’s gender pay gap and encourage the promotion of female staff.
Nikkei (FT) CEO Mark Potter is to return part of his £2.6m ( 510,000 ) salary, after some of the newspaper’s reporters complained about his pay. Ridding asserted that his pay was set by the newspaper’s owners, Financial Times , and was independently assessed. Ridding said that he was reinvesting “the increase awarded in 2017 , which is £ $3.3m before tax” into the FT. Some of the money will be used to create a women’s development fund to decrease the FT’s gender pay gap and encourage the promotion of female staff.