Ten big agency bosses paid £8m in 2007

The top directors at ten leading UK PR agencies were paid a total of £7.95m in 2007, the Kingston Smith W1 ann­ual survey of marketing services companies revealed this week.

The figure, based on aud­ited full-year accounts, reflects a combined rise of 13.4 per cent in top ten salaries over the previous year. A Finsbury director was the best remunerated at £2.26m, although the list does not include other City heavyweights Brunswick and FD.

The survey found operating margin increases of 16.3 per cent across the sector, as well as increased fee income and productivity, but warned  that a decline in financial performance in 2008 was ‘inevitable’.

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