Vodafone deaf to Fat Cat pleas

Gent gets fatter on company cream...

Gent gets fatter on company cream...

Vodafone this morning slipped into the red after the company defied pleas from shareholders to rein-in bonuses and stock options for bosses. It has been revealed that Chris Gent, the company's chief was paid £2.42m last year plus £1.6m worth of Vodafone stock. All this in the year Vodafone racked-up not only its greatest loss ever but the biggest loss ever recorded in UK corporate history. A breakdown of Gent's salary shows he earned £1.19m basic salary plus £1.2m in benefits. Vodafone's move is in stark contrast with German rival Deutsche Telekom which has chosen not to reward its board members with stocks after its share price collapsed. As of 11:00(BST), Vodafone share were down 1.88 per cent to 92p.