Unga Group #ticker:UNGA CEO Nicholas Hutchinson got a 54.4 per cent pay rise in the year ended June when the human and animal feed miller slipped into a Sh32.2 million loss, the company’s latest financial report shows.
The Unga board also got an aggregate pay increase of 49.5 per cent while employees’ salaries rose by a relatively modest margin of 14 per cent, the firm says in disclosures that are expected to give shareholders insight into the company’s cost structure.