Ian Tyler takes home 拢933,896 as bonus falls by 拢134,000
Balfour Beatty chief executive Ian Tyler took home a cash bonus of 拢202,860 in 2009, taking his total pay to 拢933,896.
The figure was down from 拢1.04m (including a bonus of 拢336,000) last year although total board pay rose from 拢3.37m to 拢3.8m for 12 directors.
The second highest paid director was deputy chief executive Anthony Rabin, who took home 拢657,279, a figure that included a bonus of 拢136,850.
Tyler鈥檚 pay was modest in comparison to that of his housebuilding peers at Persimmon and Taylor Wimpey, the bosses of which took home 拢1.3m (bonus: 拢406,000) and 拢1.7m (拢788,000) respectively despite their weaker financial performance than Balfour Beatty in 2009.
According to a 好色先生TV value-for-money study last year, which divided pre-tax profit by chief executive pay, Tyler was the best value for money boss in construction. In 2009, the company made a pre-tax profit of 拢267m.
John McDonough, chief executive of Carillion, took home a total of 拢1.2m in 2009, which included a bonus of 拢342,000 on top of his salary of 拢632,000. The figure was down from the 拢1.4m he took home last year, which included a bonus of 拢608,000.
The total pay for 11 Carillion directors was 拢4.07m, down from 拢4.8m in 2008. The company made a pre-tax profit of 拢148m last year.
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