Sánchez Galán (Iberdrola) earned 13.8 million in 2023, 6% extra | Companies | EUROtoday

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Ignacio Sánchez Galán, president of Iberdrola.Provided by Iberdrola

The government president of Iberdrola, Ignacio Sánchez Galán, pocketed 13.84 million euros in 2023. This complete, which incorporates each fastened remuneration and cost in shares of the electrical energy firm — the biggest in Europe and the second largest on the planet —, is 5.9% greater than the 13.06 million of the earlier 12 months, in keeping with the figures despatched by the corporate to the National Securities Market Commission (CNMV).

Sánchez Galán's wage amounted to 2.25 million euros final 12 months, a determine to which have to be added one other 3.25 million short-term variable remuneration, 567,000 fastened euros as president of the board of administrators, 144,000 euros of per diems, 88,000 euros for membership on board committees and 175,000 euros for different gadgets. The remuneration accrued in money thus amounted to six.47 million, 129,000 euros greater than in 2022. To these quantities have to be added one other 6.78 million in firm shares. And one other 582,000 euros paid in money by the Iberdrola group.

He quantity two of the electrical energy firm, Armando Martínez, pocketed 4.07 million euros: 3.02 million in money, 856,000 euros in shares and 200,000 euros in his pension plan. In his case, the comparability with the earlier 12 months is troublesome: he was appointed on the finish of October and till then he served as common director of Business.

Iberdrola's board of administrators as a complete earned simply over 23.96 million final 12 months, 1.44 million greater than in 2022. Of that determine, greater than half corresponds to the rise of Sánchez Galán.

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