M&S Boss Stuart Machin’s Pay Jumped 39% to £7.1mn Ahead of Cyber Attack

Marks & Spencer boss’ pay deal surges to £7.1million

The boss of Marks and Spencer has seen his pay package soar to £7.1 million, as he leads the retailer through the disruption of a damaging cyber…

M&S boss Stuart Machin’s pay jumped 39% to £7.1mn ahead of cyber attack

Retailer’s chief handed bumper reward but his earnings are expected to drop this year as a result of April’s breach

M&S boss's pay hit £7m before cyber attack chaos

Stuart Machin's money is not affected by the IT disruption but it will be considered for next year's pay.

Marks & Spencer boss’s pay deal surges to £7.1m

Stuart Machin received a jump in bonus payments linked to a rise in the firm’s share price before it was knocked by a major cyber attack. The boss of Marks and Spencer has seen his pay package soar to £7.1 million, as he leads the retailer through the disruption of a damaging cyber attack. Stuart Machin, chief executive of the high street giant since 2022, received the bumper pay deal after a sharp rise in performance-linked bonuses. The company…

M&S boss’s pay surges to £7.1m despite retailer being hit by huge cyber attack

Stuart Machin received a jump in bonus payments linked to a rise in Marks and Spencer’s share price before it was knocked by a major cyber attack

Cyber Security Expert Calls for Action to Address Cyber Skills Gap

A cyber security expert at Wrexham University has called for urgent action to address the UK’s cyber skills shortage. Shawn Price, who is a Lecturer in Cyber Security, has shared his views in light of the ongoing fallout of a cyber attack on Marks & Spencer. The retailer has said that online services should see a gradual return to normal over the coming weeks, but some level of disruption would continue until July. Co-op was also hit by a cyber …