Prudential's departing CEO Thiam earned $17.5 million in 2014

March 31, 2015 12:10 PM

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Prudential's departing CEO Thiam earned $17.5 million in 2014

LONDON (Reuters) - Prudential paid outgoing chief executive Tidjane Thiam 11.8 million pounds ($17.45 million) in 2014, a 35 percent increase on his 2013 compensation, following a bumper incentive plan payout in his final year in charge.

Thiam, who is leaving the dual-listed British insurer to join Credit Suisse in May, was awarded 8.25 million pounds as part of the company's three-year LTIP and earned a 2.12 million pounds bonus for his performance last year, Prudential's annual report showed.

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