£16 million B&M bonus plan for Bobby Arora

Bobby Arora, the billionaire co-owner of the B&M low cost housewares chain, is getting thousands and thousands in bonuses for staying.

He shall be paid as much as £16 million on high of his common bundle for his function as group commerce director – to make sure he stays till ‘at least’ March 2026.

Sign Up: Bobby Arora will get thousands and thousands in bonuses for staying with B&M

“Bobby has been instrumental in developing the B&M customer proposition and delivering long-term growth and profitability,” the corporate stated.

Bobby and his brother Simon, the previous CEO who was changed final 12 months by Alex Russo, took over B&M in 2004 when it was an ailing chain of 21 shops and turned it right into a powerhouse of round 1,000 shops within the UK and France.