London is considered to be a melting pot of culture, style, and stature as it was once a center of world civilisation and industrialisation. Today, the city continues to house some of the world’s most notable and iconic institutions and businesses. One of these companies is the fashion brand Burberry, which has recently appointed a new CEO as reported by Andrew Trotman for The Telegraph:
Burberry has handed its new chief executive a “golden hello” in shares worth up to £7.5m and an annual pay package of up to £8.1m, according to reports.
Christopher Bailey’s salary includes a £440,000 allowance for clothing and other items, £53,000 more than former boss Angela Ahrendts, who isleaving the British fashion house to join US technology giant Appleas its head of retail. The difference is believed to be because Ms Ahrendts has a car and driver that Mr Bailey will not use.
He will be handed a £1.1m salary, an annual cash bonus of up to £2.2m and £330,000 in pension contributions. Mr Bailey could also be eligible for share awards of £4.4m a year until 2017 under a performance-based executive share plan.
London, and Great Britain in general, rivals the United States in playing the role of host to some of the largest and most respected corporations in the world, including tech firms, fashion companies, and banks. These organisations also continue to attract talented and high-net-worth individuals to act as their executives. Just like Burberry’s Christopher Bailey, business executives on the rise need reliable London security services to ensure that they can do their jobs in a safe environment.
Companies that have extensive experience in providing close protection and retail security in London, such as Westminster Security, are ideal partners for many up-and-coming executives and their peers. These firms are staffed by highly trained security specialists who are well-versed in the practices employed by law enforcement agencies. Moreover, they can perform surveillance and background checks to screen for potential threats to their clients.
Conglomerates will always be on the lookout for innovative professionals to join their team of executives, which may prompt undue attention that would entail significant levels of danger for these personalities. Hiring a good security team can give business executives the peace of mind in being great assets to their particular companies without any worries of harm.