KIEV, Ukraine (AP) — As separatists in Crimea kept up pressure for unification with Moscow, Ukraine on Sunday solemnly commemorated the 200th anniversary of the birth of its greatest poet, with the prime minister vowing not to give up "a single centimeter" of Ukrainian territory.
Britain's Co-operative Group is set to pay up to 3.66 million pounds in pay and benefits to its chief executive this year and hike the salaries of other senior executives, the Observer newspaper reported on Sunday. Citing documents prepared for the group's remuneration and appointments committee, the Observer said big payouts for Chief Executive Euan Sutherland and his fellow directors are based on comparisons with similar sized listed companies. According to the paper, the documents say the salary packages for directors are necessary because of the problems faced by the group amount to an "executive agenda (that) is possibly the most complex one facing a large business in the country today." The Observer said that under the latest pay proposals, Sutherland will be paid a base salary of 1.5 million pounds this year, plus a 1.5 million pounds retention payment. Richard Pennycook, Chief Operating officer will receive a 900,000 pounds salary and a further 900,000 retention payment while six other executives will be paid between 500,000 pounds and 650,000 pounds, according to the Observer.