Bonus boosts chief executive's pay to £584k

Peter Mason, chief executive of Amec, collected a salary-and-bonus package worth £584,000 last year. In total, Amec's board members were paid over £2m for their services.

Amec's 1999 annual report shows that under the group's long-term incentive plan, Mason was awarded two batches of Amec shares during the year, totalling 210,000 in all. He has been granted options over a further one million Amec shares.

At Taylor Woodrow, chief executive Keith Egerton had his basic salary of £265,000 in 1999 topped up with an £80,000 bonus. Egerton holds 450,000 shares in the company and has been granted options over a further 590,000.

Carillion chairman and chief executive Sir Neville Simms' total salary and bonus ran to £250,000. The additional amount he was paid in the five months prior to Carillion's demerger from Tarmac will be revealed in Tarmac's 1999 annual report. Sir Neville was granted 990,000 Carillion share options. In addition to this, Sir Neville and four other directors got the first hand-out from the group's long-term incentive plan - the awards were worth a total of over £1m, Sir Neville getting a £350,000 share of this.

Mike Welton, chief executive of BICC, was paid £355,000 in 1999, including a £68,000 bonus.

Mansell's annual report for 1999 shows the group's highest-paid director received over £355,000: the unnamed person being chief executive David Beardsmore. "The package is heavily dependent on Mansell's performance," he said last week. Three other directors were each paid more than £230,000.

Alfred McAlpine's surge in profitability in 1999 enabled chief executive Oliver Whitehead to collect a £150,000 bonus, taking his total salary package to £466,000. Four other directors on the McAlpine board each received more than £260,000 last year.