M&S chief’s pay slashed by £3m after cyberattack turmoil
City A.M. | London's Business Newspaper - News, Opinion, & Anal…
June 1, 2026
The boss of Marks & Spencer has seen his pay slashed by more than 40 per cent after a crippling cyberattack forced the supermarket to scrap its bonus policy across the business. Stuart Machin received £3.97m in the 12 months to April, according to the company’s annual report, down sharply from the £7m he was [...]
Discussion in the ATmosphere