Sir Geoff moved from executive chairman to the post of chief executive last week after sweeping boardroom changes ousted Alan Smith, then chief executive, and James Kerr-Muir, finance director.
One of Kingfisher's main shareholders said yesterday: "I am hopeful that the non-executive directors will reconsider the pay package."
Sir Nigel Mobbs , Sir Geoff's long-standing boardroom colleague who heads the committee, said yesterday: "The matter will be discussed by the remuneration committee. Things like salaries are best discussed in the calm of such meetings, not through fund managers and the media."
Controversy over Sir Geoff's pay package combined yesterday with City expectations that Kingfisher will attempt to sell the Comet chain of electrical stores in the next few months. Comet has been one of the problem areas for Kingfisher, and in a trading statement earlier this month the group warned that the stores would make a loss in the full year.
Analysts are expecting a statement on Comet when Kingfisher announces the results of its strategy review along with its full year results in March.Reuse content