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Next's Lord Wolfson pockets £4.65m as Christos Angelides receives £6.56m

Next chief executive Lord Wolfson took home £4.65m for the last financial year, according to the retailer’s full report and accounts published today.

Wolfson, who last year received £4.63m, was in line to pick up a total package – including bonus, pension and the long-term incentive plan – worth more than £8.4m, but has donated his £4m bonus to Next’s 20,000 staff. They will receive an average of £200 each.

Group product director Christos Angelides took home the biggest payout, £6.56m, thanks to Next’s share matching plan. Last year, Angelides pocketed £5.9m. Finance director David Keens received £5.4m, up from £4.5m.

New additions to the board – operations director Michael Law and marketing director Jane Shields – received just over £1.4m each.

Total remuneration for all directors for the year to January 2014 was £21.3m.

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