Ex-FCA chief exec Martin Wheatley nets £827k in final year

Latest annual report

Martin Wheatley, the former chief executive of the Financial Conduct Authority (FCA), had a pay package of more than £800,000 in his final year at the regulator, its annual report reveals.

The report states his full remuneration hit £827,000 for the financial year ending 31 March 2016. He had total pay of £701,000 in 2014/15 financial year and £610,000 in 2013/14. The report said Wheatley (pictured) resigned from the FCA on 17 July 2015 and from the board on 13 September 2015. He continued to be employed by the watchdog until 31 July this year in accordance with his contract, the FCA said. His 2016 figures, it said, include a total contractual amount payable from 1 April to 31 July of £185,767 (£158,333 in basic salary, £13,184 in other benefits and £14,250 in a 9% non-...