Soft drinks and confectionery company, Cadbury Schweppes, paid its erswhile chief operating officer, John Brock, £3m in 2002, the group’s annual report revealed. Brock left the company in December to take up the position of chief executive officer at the Belgian-based brewing group, Interbrew.
According to the annual report, Brock received compensation of £701,000 for “loss of office and other benefits” after his departure. Brock’s total pay reached £2.68m for 2002, against £1.77m in 2001, with share options and other incentives boosting the total figure to over £3m.
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