Royal Mail boss’s pay package soars to £6.9m despite profits slide

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Guardian Business

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Royal Mail boss’s pay package soars to £6.9m despite profits slide

Martin Seidenberg, chief executive of parent company IDS, handed payouts after takeover of UK postal service Business live – latest updates The boss of Royal Mail’s parent company received almost £7m in pay and bonuses last year – more than triple the previous figure – despite group profits slumping by a fifth. Martin Seidenberg, group chief executive of International Distribution Services (IDS), took home £6.9m in…