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Emma Walmsley’s pay rose almost 50% to £15.6m in final year as GSK boss

about 5 hours ago
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GSK awarded Emma Walmsley a near-50% pay rise to £15.6m in her final year as chief executive of Britain’s second-biggest drugmaker.Walmsley, who led the FTSE 100 company from 2017 and handed over to Luke Miels at the start of this year, was paid a salary of £1.4m in 2025, slightly higher than the previous year, while her annual bonus rose to £3.5m, up from £2.

9m in 2024.The bulk of her pay package, £10m, came from share bonuses, as she benefited from a jump in the share price.The vesting share price in the long-term incentive plan was £21.65 in 2025, compared with £14.43 the year before.

A spokesperson for the company said: “Emma’s remuneration reflected another year of very strong performance for GSK against stretching targets.Sales and profit grew strongly and we secured an unprecedented five major new product approvals in the US, all helping achieve significantly improved value and returns for shareholders.”GSK’s turnover increased by 7% to £32.7bn last year, bolstered by revenue from its cancer, HIV and asthma treatments, although it expects sales growth to slow this year.Pre-tax profit more than doubled to £7.

4bn in 2025.Walmsley set a sales target of at least £40bn by 2031, reaffirmed by Miels in February.He said GSK would show “scientific courage” and “be more agile” in an attempt to “produce more competitive products”.Walmsley, who ran GSK’s consumer healthcare business before becoming chief executive, pushed the group’s biggest corporate restructuring in two decades.This included the 2022 spinoff of its consumer arm, now called Haleon, with brands such as Sensodyne, Panadol and Advil.

She survived a campaign by the activist investor Elliott Management to oust her,Under Walmsley, GSK significantly increased spending on research and development, and sharpened its focus on respiratory, immunology, inflammation and cancer medicines, as well as vaccines,Pascal Soriot, the chief executive of rival AstraZeneca, the UK’s largest pharmaceutical company, received a 6,4% pay rise last year, taking his total remuneration to £17,7m.

He is in line for a further increase to up to £19.6m this year, potentially making him the UK’s highest-paid chief executive once again.Miels, who stepped up from chief commercial officer, was brought in by Walmsley from AstraZeneca in 2017.He has announced several deals since taking the helm on 1 January, including the £1.6bn acquisition of a Californian biotech that is developing a medication for severe food allergies.

Miels will receive a lower salary of £1.38m, and could receive a total remuneration package of up to £16.6m, including long-time share bonuses.
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Jon Stewart on US attacks in Iran: ‘A war with no clear purpose, no end in sight’

Late-night hosts delved into the new US regime-change war in the Middle East, after Donald Trump directed the US military to bomb Iran in conjunction with Israel.Jon Stewart opened The Daily Show on Monday in a daze, after Iran state media confirmed that US and Israeli forces killed its supreme leader, Ayatollah Ali Khamenei, over the weekend. The host joked that, for the surprise occasion and chaos that followed, he needed to bring back “a 20-year recurring segment” titled “Mess O’Potamia”.“America, apparently, had to start an entire war to kill an 86-year-old man in ill health and not wait – I don’t know – three weeks to let saturated fat do its thing,” he joked.He then played a clip of Trump, wearing his USA hat, announcing the so-called “Operation Epic Fury” against Iran from his luxury golf course in Florida

2 days ago
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‘My guitar was mangled – like my life!’ Goo Goo Dolls on how they made epic ballad Iris

‘I’m grateful to Taylor Swift, and others who have covered it, for introducing the song to a new generation. Three billion streams on Spotify is astonishing!’I was going through a divorce and living in a hotel in West Hollywood when my manager said Warner Brothers were seeking songs for the movie City of Angels. They already had U2, Peter Gabriel and Alanis Morissette, so I thought getting a track on there would draw attention to us. Warners showed me the film and it was like Wim Wenders’ Wings of Desire. They wanted a song for the scene where the angel – played by Nicolas Cage – decides to become human to be with the woman he loves

3 days ago
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My cultural awakening: Leonardo da Vinci made me rethink surgery – I’ve since mended more than 3,000 hearts

For one heart surgeon, seeing the Renaissance artist’s anatomical drawings gave him a natural understanding of the body that was often overlooked in modern medical scienceIf you’d asked my teenage self, growing up in a small village in Shropshire, what I wanted to do with my life, I would have talked about art and music long before I spoke of scalpel blades and operating theatres. As an 18-year-old, I intended to go to art school, until my mother sat me down and told me rather bluntly that being an artist wouldn’t earn me much money. As she spoke, a surgical documentary flickered across the screen of the black-and-white television in our living room. I told her, half joking, that that was what I’d do instead. Which is how I ended up repeating my A-levels and fighting my way into medical school, where I qualified in 1975

5 days ago
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The Guide #232: From documentary shock to Bafta acclaim – how the screen shaped our understanding of Tourette’s

The wildfire surrounding last week’s Bafta ceremony – where Tourette syndrome campaigner John Davidson involuntarily shouted a racial slur at actors Michael B Jordan and Delroy Lindo, and the BBC aired the moment – continues to rage. Criticisms have been levelled at, and investigations opened by, the Beeb and Bafta; hundreds of news stories and comment pieces have been devoted to the incident (if you read anything, make sure it’s this clear-eyed piece from Jason Okundaye, who was at the ceremony); and the climate on social media has been toxic, with much of the ire directed at Davidson himself. It’s an ire that is based on a complete misunderstanding of coprolalia, the form of Tourette syndrome (TS) that Davidson has, which results in the unintended and completely involuntary utterance of offensive or inappropriate remarks.There’s an unhappy irony at play here because Davidson, arguably more than any other person in Britain, has been responsible for raising awareness of TS. There’s an unfortunate symmetry, too, to the fact that the incident was shown on primetime BBC, because that was where Davidson was first brought to national attention as the subject of the landmark 1989 documentary John’s Not Mad

5 days ago
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From The Testament of Ann Lee to Gorillaz: your complete entertainment guide to the week ahead

Amanda Seyfried is Shaker all over in a wild period drama, while Damon Albarn and his cartoon cohort return with a polyglot offeringThe Testament of Ann LeeOut now In Mona Fastvold’s critically acclaimed drama, Amanda Seyfried shakes things up as the founder of the restorationist Christian sect the United Society of Believers in Christ’s Second Appearing. More commonly known as the Shakers, the egalitarian ecstatic worship group coalesced round the visionary female leader in the 18th century.Scream 7Out now The Kevin Williamson-scripted Scream films (1, 2, 4) are probably the best in the franchise, and this time he not only writes but directs the antics of Ghostface et al. Neve Campbell, David Arquette, Matthew Lillard and Courteney Cox all make appearances, regardless of whether you thought their characters were dead or not.SirâtOut now In the deserts of southern Morocco, a man searches for his missing daughter, enlisting the help of a group of partygoers who tell of a rave deep in the desert where perhaps she can be found

5 days ago
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Seth Meyers on Team Trump’s Iran threats: ‘These guys speak like they’ve been hit on the head’

On Thursday night, late-night hosts remarked on the Jeffrey Epstein investigations, the threat of a US attack on Iran and Donald Trump nominating a wellness influencer as the next US surgeon general.Meyers focused on the president’s criticisms of a landmark 2015 deal between Iran and world powers in which the country agreed to curb their nuclear program. “I’ve been making lots of wonderful deals, great deals,” Trump said. “That’s what I do. Never in my life have I seen any transaction so incompetently negotiated as our deal with Iran

6 days ago
technologySee all
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Joy of teaching English in the age of AI | Letter

1 day ago
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Union tries to seize control of works council at Tesla’s German factory

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Europe’s next-generation fighter jet project may collapse if row continues, says warplane maker

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Google faces lawsuit after Gemini chatbot allegedly instructed man to kill himself

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X to ban users from earning revenue if they post unlabelled AI-generated war videos

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Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa

1 day ago