Tesco CEO Ken Murphy's pay increases to £10.8 million amid market share growth

The significant rise in Ken Murphy's compensation reflects not only Tesco's strong market performance but also raises questions about corporate governance and the alignment of executive pay with broader social responsibilities. The decision to scrap the food waste target as a bonus criterion may be seen as a step back in corporate accountability, particularly as sustainability becomes increasingly important to consumers and investors alike. This situation highlights the ongoing debate over executive remuneration in the context of company performance and ethical considerations.