Who’s in charge of the nation’s largest plcs? While the performance of the FTSE 100 is closely followed, details of its constituent CEOs can be harder to find.
To resolve this, Raconteur launched the CEO Index in 2023. Trawling through publicly available information on these corporate leaders, we were able to paint a more complete picture of the FTSE 100 CEOs, from their backgrounds to their soaring pay packets.
There has been much change since the first iteration of CEO Index last year. Eight companies have been promoted to the FTSE 100, including EasyJet, Darktrace and Marks & Spencer, which made its first return to the index since 2019. Elsewhere, 16 companies have changed leadership – most recently Burberry, which replaced outgoing CEO Jonathan Akeroyd with Joshua Schulman last week.
Three women have joined the ranks of the FTSE 100 bosses, BT’s Allison Kirkby, Darktrace’s Poppy Gustafsson and Diageo’s Debra Crew. However, Alison Rose of NatWest Group was forced to resign in July after she admitted to disclosing information about the closure of Nigel Farage’s Coutts bank account, taking the total number of female CEOs to 11.
CEO pay has also risen, as London Stock Exchange plc CEO Julia Hoggett has continued to push for higher executive pay rates in order to compete with the remuneration packages on offer at the largest US companies.
Explore more of what we discovered below. The data is correct as of 22 July 2024.
To create the CEO Index, Raconteur compiled dozens of data points on 97 FTSE 100 CEOs (excluding the leaders of three investment trusts with unusual corporate structures), drawing on publicly available sources such as corporate statements, government records and media reports.
Diversity
This year’s cohort of chief executives is slightly more diverse than the previous year, with two more women holding CEO positions and one LGBT+ chief executive, compared to none last year. However, this group of business leaders remains broadly unrepresentative when compared to the rest of the country.
Out of the 97 FTSE 100 CEOs,
Career
With regards to education, a degree remains an almost essential requirement to become a FTSE 100 CEO, with the majority having qualifications in business, economics or finance. But is it better to climb the corporate ladder within the same business or do FTSE boards seek people with outside experience when recruiting for the top position?
Money
There has been much debate around executive reward recently with the London Stock Exchange and investment bank Schroders both arguing that UK CEOs could be better rewarded. How have the FTSE 100 CEOs fared this year and how do their pay rises compare to the average worker?
Frasers Group
Total pay: £0
Fresnillo
Total pay: £1.1m
Hikma Pharmaceuticals
Total pay: £1.2m
Rightmove
Total pay: £1.3m
Auto Trader Group
Total pay: £1.3m
Croda International
Total pay: £1.3m
United Utilities
Total pay: £1.4m
JD Sports Fashion
Total pay: £1.6m
B&M European Value Retail
Total pay: £1.6m
Darktrace
Total pay: £1.7m
Barratt Developments
Total pay: £1.8m
Admiral Group
Total pay: £2.1m
Taylor Wimpey
Total pay: £2.2m
easyJet plc
Total pay: £2.2m
Persimmon
Total pay: £2.3m
Halma
Total pay: £2.3m
IMI plc
Total pay: £2.4m
LondonMetric Property
Total pay: £2.4m
Airtel Africa
Total pay: £2.4m
Whitbread
Total pay: £2.5m
Marks & Spencer Group plc
Total pay: £2.5m
Weir Group
Total pay: £2.6m
Howden Joinery Group Plc
Total pay: £2.6m
M&G
Total pay: £2.7m
Segro
Total pay: £2.9m
Land Securities Group
Total pay: £2.9m
Phoenix Group Holdings
Total pay: £2.9m
Smiths Group
Total pay: £2.9m
IAG
Total pay: £3.1m
DCC
Total pay: £3.1m
Vistry Group
Total pay: £3.2m
Severn Trent
Total pay: £3.2m
Mondi
Total pay: £3.2m
Spirax-Sarco Engineering
Total pay: £3.2m
Rentokil Initial
Total pay: £3.3m
SSE
Total pay: £3.5m
Anglo American
Total pay: £3.6m
Reckitt Benckiser Group
Total pay: £3.6m
Beazley
Total pay: £3.6m
Smith & Nephew
Total pay: £3.7m
Unilever
Total pay: £3.7m
Lloyds Banking Group
Total pay: £3.7m
Intercontinental Hotels Group
Total pay: £3.9m
Sage
Total pay: £4.0m
Associated British Foods
Total pay: £4.1m
Diploma plc
Total pay: £4.1m
Smith (DS)
Total pay: £4.2m
Informa
Total pay: £4.2m
Convatec Group
Total pay: £4.3m
Vodafone Group
Total pay: £4.4m
WPP
Total pay: £4.5m
Next
Total pay: £4.5m
British American Tobacco
Total pay: £4.6m
Barclays
Total pay: £4.6m
Antofagasta
Total pay: £4.8m
Sainsbury's
Total pay: £4.9m
Kingfisher
Total pay: £5.1m
Intertek Group
Total pay: £5.1m
Coca-Cola HBC
Total pay: £5.1m
London Stock Exchange Group
Total pay: £5.1m
Haleon
Total pay: £5.8m
Glencore
Total pay: £5.8m
Schroders
Total pay: £6.2m
Bunzl
Total pay: £6.3m
Intermediate Capital Group plc
Total pay: £6.3m
National Grid
Total pay: £6.4m
Ashtead Group
Total pay: £6.4m
Aviva
Total pay: £6.6m
Compass Group
Total pay: £7.5m
Standard Chartered
Total pay: £7.8m
Shell
Total pay: £7.9m
BP
Total pay: £8.0m
Berkeley Group Holdings
Total pay: £8.0m
Centrica
Total pay: £8.2m
3i Group
Total pay: £8.3m
Rio Tinto
Total pay: £8.4m
Imperial Brands
Total pay: £8.6m
Prudential
Total pay: £9.7m
Tesco
Total pay: £9.9m
Experian
Total pay: £9.9m
HSBC
Total pay: £10.6m
GSK
Total pay: £12.7m
BAE Systems
Total pay: £13.5m
Rolls-Royce Holdings
Total pay: £13.6m
Relx
Total pay: £13.6m
Pearson
Total pay: £14.0m
Astrazeneca
Total pay: £16.9m
Fresnillo
Market cap: £4.6b
Total pay: £1.1m
Hikma Pharmaceuticals
Market cap: £4.2b
Total pay: £1.2m
Rightmove
Market cap: £4.5b
Total pay: £1.3m
Auto Trader Group
Market cap: £7.2b
Total pay: £1.3m
Croda International
Market cap: £5.8b
Total pay: £1.3m
United Utilities
Market cap: £7.1b
Total pay: £1.4m
JD Sports Fashion
Market cap: £6.3b
Total pay: £1.6m
B&M European Value Retail
Market cap: £4.7b
Total pay: £1.6m
Darktrace
Market cap: £4.1b
Total pay: £1.7m
Barratt Developments
Market cap: £4.9b
Total pay: £1.8m
Admiral Group
Market cap: £8.1b
Total pay: £2.1m
Taylor Wimpey
Market cap: £5.5b
Total pay: £2.2m
easyJet plc
Market cap: £3.3b
Total pay: £2.2m
Persimmon
Market cap: £4.9b
Total pay: £2.3m
Halma
Market cap: £10.0b
Total pay: £2.3m
IMI plc
Market cap: £4.9b
Total pay: £2.4m
LondonMetric Property
Market cap: £4.1b
Total pay: £2.4m
Airtel Africa
Market cap: £4.4b
Total pay: £2.4m
Whitbread
Market cap: £5.2b
Total pay: £2.5m
Marks & Spencer Group plc
Market cap: £6.4b
Total pay: £2.5m
Weir Group
Market cap: £5.1b
Total pay: £2.6m
Howden Joinery Group Plc
Market cap: £5.0b
Total pay: £2.6m
M&G
Market cap: £5.0b
Total pay: £2.7m
Segro
Market cap: £12.7b
Total pay: £2.9m
Land Securities Group
Market cap: £4.8b
Total pay: £2.9m
Phoenix Group Holdings
Market cap: £5.5b
Total pay: £2.9m
Smiths Group
Market cap: £6.0b
Total pay: £2.9m
IAG
Market cap: £8.2b
Total pay: £3.1m
DCC
Market cap: £5.4b
Total pay: £3.1m
Vistry Group
Market cap: £4.5b
Total pay: £3.2m
Severn Trent
Market cap: £7.7b
Total pay: £3.2m
Mondi
Market cap: £7.0b
Total pay: £3.2m
Spirax-Sarco Engineering
Market cap: £6.8b
Total pay: £3.2m
Rentokil Initial
Market cap: £12.5b
Total pay: £3.3m
SSE
Market cap: £20.5b
Total pay: £3.5m
Anglo American
Market cap: £30.4b
Total pay: £3.6m
Reckitt Benckiser Group
Market cap: £40.2b
Total pay: £3.6m
Beazley
Market cap: £4.4b
Total pay: £3.6m
Smith & Nephew
Market cap: £12.5b
Total pay: £3.7m
Unilever
Market cap: £145.5b
Total pay: £3.7m
Lloyds Banking Group
Market cap: £36.9b
Total pay: £3.7m
Intercontinental Hotels Group
Market cap: £12.9b
Total pay: £3.9m
Sage
Market cap: £10.5b
Total pay: £4.0m
Associated British Foods
Market cap: £18.6b
Total pay: £4.1m
Diploma plc
Market cap: £5.7b
Total pay: £4.1m
Smith (DS)
Market cap: £6.2b
Total pay: £4.2m
Informa
Market cap: £11.3b
Total pay: £4.2m
Convatec Group
Market cap: £5.3b
Total pay: £4.3m
Vodafone Group
Market cap: £18.8b
Total pay: £4.4m
WPP
Market cap: £8.1b
Total pay: £4.5m
Next
Market cap: £11.2b
Total pay: £4.5m
British American Tobacco
Market cap: £57.4b
Total pay: £4.6m
Barclays
Market cap: £34.0b
Total pay: £4.6m
Antofagasta
Market cap: £18.8b
Total pay: £4.8m
Sainsbury's
Market cap: £6.4b
Total pay: £4.9m
Kingfisher
Market cap: £5.1b
Total pay: £5.1m
Intertek Group
Market cap: £7.7b
Total pay: £5.1m
Coca-Cola HBC
Market cap: £10.2b
Total pay: £5.1m
London Stock Exchange Group
Market cap: £50.3b
Total pay: £5.1m
Haleon
Market cap: £31.2b
Total pay: £5.8m
Glencore
Market cap: £55.5b
Total pay: £5.8m
Schroders
Market cap: £6.4b
Total pay: £6.2m
Bunzl
Market cap: £11.0b
Total pay: £6.3m
Intermediate Capital Group plc
Market cap: £6.4b
Total pay: £6.3m
National Grid
Market cap: £46.0b
Total pay: £6.4m
Ashtead Group
Market cap: £24.0b
Total pay: £6.4m
Aviva
Market cap: £13.3b
Total pay: £6.6m
Compass Group
Market cap: £37.3b
Total pay: £7.5m
Standard Chartered
Market cap: £18.9b
Total pay: £7.8m
Shell
Market cap: £180.0b
Total pay: £7.9m
BP
Market cap: £98.1b
Total pay: £8.0m
Berkeley Group Holdings
Market cap: £5.2b
Total pay: £8.0m
Centrica
Market cap: £7.4b
Total pay: £8.2m
3i Group
Market cap: £29.9b
Total pay: £8.3m
Rio Tinto
Market cap: £85.4b
Total pay: £8.4m
Imperial Brands
Market cap: £18.1b
Total pay: £8.6m
Prudential
Market cap: £19.8b
Total pay: £9.7m
Tesco
Market cap: £22.5b
Total pay: £9.9m
Experian
Market cap: £32.8b
Total pay: £9.9m
HSBC
Market cap: £124.4b
Total pay: £10.6m
GSK
Market cap: £63.6b
Total pay: £12.7m
BAE Systems
Market cap: £38.8b
Total pay: £13.5m
Rolls-Royce Holdings
Market cap: £36.8b
Total pay: £13.6m
Relx
Market cap: £84.2b
Total pay: £13.6m
Pearson
Market cap: £6.9b
Total pay: £14.0m
Astrazeneca
Market cap: £190.8b
Total pay: £16.9m
+18.54%
-4.31%
+52.09%
+11.56%
+19.91%
-4.41%
+44.24%
+9.08%
-34.74%
+16.67%
+20.50%
-11.98%
-65.32%
+58.61%
-24.79%
-109.61%
+28.18%
+45.45%
+28.48%
+55.98%
-1.81%
-205.17%
-6.22%
+0.01%
+31.77%
+16.14%
+33.54%
+59.22%
+47.74%
+33.65%
+35.83%
-5.79%
+41.22%
+16.06%
+61.79%
+31.03%
-2.34%
+7.51%
+82.37%
-31.53%
-2.41%
+3.08%
+51.30%
+4.86%
-5.41%
+41.49%
+39.78%
-5.71%
+43.10%
+24.14%
-34.06%
-21.94%
-31.34%
+38.42%
+37.53%
-2.63%
-27.23%
+30.04%
+26.68%
+52.19%
-29.16%
+2.08%
-48.55%
-5
-37
+8
+62
+23
-8
+18
+27
-18
-31
+13
+14
-69
-62
-9
+50
-134
+65
+7
+174
-18
-54
-1
+56
-9
-17
-58
+46
+17
-13
+74
+32
+20
+27
+38
+5
+128
+7
-19
-6
+6
-4
-13
-15
-55
+89
+29
-5
-15
+38
+69
+2
+45
+13
-11
-17
-35
+13
+53
-37
+124
+1
+207
+6
+21
+4
-48
See how you compare to the average FTSE 100 CEO using our calculator tool or explore the the key facts and figures about the UK’s top CEOs here.