The Vodafone CEO, Margherita Della Valle, has a base salary of £1,250,000.
Vodafone Group Chief Executive's Base Salary
As of recent reports, Margherita Della Valle, the Group Chief Executive of Vodafone, receives an annual base salary of £1,250,000. This figure represents the fixed component of her remuneration package.
Executive compensation typically comprises several elements beyond the base salary, often including:
- Annual Bonuses: Performance-related payments based on short-term company and individual achievements.
- Long-Term Incentive Plans (LTIPs): Share-based awards or other incentives linked to multi-year performance targets, designed to align executive interests with long-term shareholder value.
- Benefits: Such as pension contributions, car allowances, and other perquisites.
The reported figure specifically refers to the base salary. Executive remuneration committees regularly review and adjust these components based on performance, market benchmarks, and company strategy, with annual bonus structures, such as the 'GSTIP' mentioned in internal reviews, forming a key part of the variable pay.
Key Executive Director Salaries
For context, here is a breakdown of the annual base salaries for key executive directors at Vodafone:
| Executive Position | Name | Annual Base Salary |
|---|---|---|
| Group Chief Executive | Margherita Della Valle | £1,250,000 |
| Group Chief Financial Officer | Luka Mucic | £760,000 |
These figures reflect the structured compensation determined for the financial year.
