Man CEO saw pay more than triple last year

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Man Group's CEO Emmanuel Roman’s pay more than tripled last year to $3.4m after the hedge-fund company’s earnings rose and its share price increased for the first time since 2009.

Bloomberg reports that Roman, 50, received a salary of $1m and bonus payments valued at $2.3m, the world’s largest publicly traded hedge-fund manager said in its annual report today. Roman’s salary was unchanged from 2012, when he received no bonuses.

Roman’s cost cuts helped push Man Group’s adjusted pretax profit up 8% to $297m in 2013, and he also restructured management in response to client redemptions and losses posted by the firm’s biggest hedge fund, AHL Diversified.

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Man Group CEO Roman Pay Triples as Fund Firm Reinstitutes Bonus

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