Royal Mail chief in line for almost £1.6m pay for last year

Royal Mail is steeling itself for a storm of protest from the Communication Workers Union following reports that the business is to reveal its chief executive was paid almost £1.6m last year.

Moya Greene, the Canadian-born boss of Royal Mail, earned £1.1m in 2011, but her 2012 pay package is expected to be nearly £500,000 higher thanks to an additional long-term incentive plan.

Read more: Royal Mail chief in line for almost £1.6m pay for last year | UK news | The Guardian.