Simon English: Adams and Eve it – £1m for two months' work!

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The Independent Online

Outlook Paul Adams, the now-departed boss of British American Tobacco, is brilliant. He must be. The BAT annual report reveals, if you clunk through the remuneration committee chairman's wittering about "transparency" and find the right appendix, that Mr Adams got £1m for just two months' work before he left.

So he is worth £6m a year, BAT presumes, even before share options, pensions and the rest of the paraphernalia that goes with executive pay.

At £8 each, that million means he can afford to buy 125,000 packs of 20 Dunhills. That would be 2.5 million smokes, which is almost certainly what he has in mind.

s.english@independent.co.uk

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