Some FT reporters have complained about the CEO’s pay

A group of Financial Times reporters have complained about the pay of CEO John Ridding, who earned $3.4 million in 2017, and called for him to give back some of the money, according to a Reuters story.

The Reuters story states, “The FT’s Steve Bird, joint head of the paper’s National Union of Journalists group, wrote to FT editors and journalists across the world, saying Ridding’s pay was absurdly high and that he should give some back to help those on lower salaries.

“FT accounts, filed on July 27, showed that the paper’s highest-paid director, Ridding, earned 2.55 million pounds in 2017. The accounts restated his earnings for 2016 at 2.04 million pounds.

“‘We believe that John Ridding should give back his absurdly large pay increases since 2016 and use the funds to reward all staff, especially those on lower salaries, and to help bridge the gender pay gap,’ Bird wrote in the email dated Aug. 1.

“Ridding did not respond to a request for comment.”

Read more here.