DutchNews.nl - DutchNews.nl brings daily news from The Netherlands in English

24 May 2025
Newsletter Donate Advertise
  • News
  • Life in the Netherlands
  • Jobs
  • Podcast
  • About us
  • Search
  • Home
  • Economy
  • Art and culture
  • Sport
  • Europe
  • Society
  • Environment
  • Health
  • Housing
  • Education
  • News
    • Home
    • Economy
    • Art and culture
    • Sport
    • Europe
    • Society
    • Environment
    • Health
    • Housing
    • Education
  • Life in the Netherlands
    • Latest
    • Opinion
    • Books
    • Travel
    • 10 Questions
    • Learning Dutch
    • Inburgering with DN
    • Food & Drink
    • Ask us anything
  • Jobs
  • Podcast
  • About us
    • Team
    • Donate
    • Advertise
    • Writing for Dutch News
    • Contact us
    • Privacy
    • Newsletter
  • Search

Senior executive pay poised to rise sharply as new salary season nears

October 4, 2019
The Dutch have said no to a lobby register for ministers. Photo: Depositphotos.com

Despite calls for moderation in pay rises for senior executives, there are signs that this season’s salary rise round will show ‘explosive’ growth, the Volkskrant said on Friday.

So far two pay deals for listed company chief executives have been made public, and both include remuneration rises of over 30%, the paper said.

Euronext, which runs the Amsterdam stock exchange, is proposing to pay its CEO Stephane Boujnah at least 34.5% more next year to bring his remuneration package up to date.

And GrandVision, which runs the Eyewish and Pearle high street chains, wants to pay its CEO Stephan Borchert 37% more, the paper said.

A spokesman for the FNV trade union said that GrandVision have not had a formal pay deal for staff for years. ‘The gap between pay at the top and on the shop flooor is only getting bigger,’ the spokesman said.

Rients Abma, director of institutional investor lobby group Eumedion, told the Volkskrant that no proper explanation of why the two bosses’ salaries should rise so much had been provided.

‘I hope that this is not going to set the tone,’ Abma said.

Shareholders do have to vote on whether or not to accept the proposals. A plan to introduce 75% majority voting does not come into effect until next year.

Share this article
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Copy URL
Economy
Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation
Latest
Show more
Dutch fundamentalist Protestants again say "no" to women MPs
AEX falls as Trump threatens 50% import tariff on European goods
Dutch forensic experts develop deepfake video detector
Zaanstad says yes to tourist tickets for Zaanse Schans windmills
Fewer international child abductions by parents last year
NewsHomeEconomyArt and cultureSportEuropeSocietyEnvironmentHealthHousingEducation
Life in the NetherlandsLatestOpinionBooksTravel10 QuestionsLearning DutchInburgering with DNFood & DrinkAsk us anything
About usTeamDonateAdvertiseWriting for Dutch NewsContact usPrivacyNewsletter
© 2025 DutchNews | Cookie settings

Help us to keep providing you information about coronavirus in the Netherlands.

Many thanks to everyone who has donated to DutchNews.nl in recent days!

We could not provide this service without you. If you have not yet made a contribution, you can do so here.

The DutchNews.nl team

Donate now

Dutchnews Survey

Please help us making DutchNews.nl a better read by taking part in a short survey.

Take part now