Nomura CEO's Pay More Than Doubles After Profit Hits a Record
Nomura Holdings Inc. more than doubled Kentaro Okuda's pay last year, rewarding the chief executive officer for guiding Japan's largest brokerage to a record annual profit.
Okuda's compensation rose to ¥1.208 billion ($8.2 million) in the year ended March 31 from ¥506 million a year earlier, according to a filing Monday. Christopher Willcox, the firm's highest-paid executive officer, who oversees trading and investment banking, saw his remuneration jump 25% to $15 million.
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