M&S to pay Steve Rowe £1.6m annual bonus atop £1m salary with 4,500 staff also gaining first bonus in five years
, who stepped down as chief executive last month, will not receive a pay-off but will continue to be employed as a consultant being paid up to £843,000 for up to a year after ceasing full-time employment for M&S after the group’s annual shareholder meeting on 5 July.
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