Vodafone has Europe's highest-paid CEO

A study from global management consultancy Hay Group says that Vodafone's Arun Sarin is Europe's highest-paid CEO. It calculated the total value of his financial rewards as €11.37 million (about £8.5 million) as of September 2007, consisting of around £3.5 million salary and bonus plus £5 million in long-term incentives. [Sources: Cellular-News.com, Hay Group pdf]