WH Smith’s Boss Gets a Cash Cake!
*Sorry, you won’t need to do a math lesson to see why Carl Cowling’s salary has ballooned. It’s so big it might need a bag for storage!
Where the Numbers Are Coming From
*- Remaining 2019 & 2024 Pay Snapshot – From £1.63 million last year to a whopping £2.91 million this year, that’s a 78% jump. Talk about a salary leap!
- Performance‑Based Bonuses – This shiny new pay package is all about how well WH Smith is doing in the market, so bonuses danced up the financial ladder.
Company Numbers: The Money Rain
*- Pre‑Tax Profit – A staggering £143 million earned by the company as of the 31 August closing, vs £73 million a year earlier.
- Revenues – The top line zoomed up 28% to £1.79 billion, powered mainly by a 36% bump in the UK travel segment.
Bottom Line: It’s Money‑Making Time!
*WH Smith’s board is ante‑fying, sales are sprinting, and the top dog’s pay looks like the headline of a bestseller. For those who say salary growth is a cliffhanger, look at these numbers—no cliff, just a solid billboard of success.
