How much does the CEO of Stagecoach earn?

Total remuneration including pension contributions for the highest paid director in Stagecoach Group - Chief Executive Martin Griffiths - was worth £1,751,000 in the financial year ending 30 April 2022, an increase of 92.4 per cent on the year before.



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For the 2021/2022 financial year, Stagecoach reported revenues of almost £1.2 billion with adjusted profits of £72.7 million. Unite general secretary Sharon Graham said: “Stagecoach is a hugely profitable company.

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Qualified drivers earn at least £12.42* per hour with enhanced rates of pay for unsociable hours and Sundays. Trainee drivers start on £11.80* per hour, increasing to the qualified driver in their second year.

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Stagecoach is one of the biggest UK bus operators, running 8,500 buses and employing around 25,000 people across the country. Around 3 million people travel on our buses every day. Other major operators include Arriva, National Express, GoAhead and First.

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GERMAN infrastructure investor DWS has won the takeover battle for Stagecoach, writes Scott Wright. Last night it was announced that DWS, which is owned ultimately by Deutsche Bank, had seen its offer for the Scottish bus giant declared unconditional.

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Stagecoach co-founder Ann Gloag charged with human trafficking. Stagecoach co-founder Dame Ann Gloag has said she “strongly disputes the malicious allegations” made against her after being charged with human trafficking offences.

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According to The Sunday Times Rich List in 2020, Gloag and her brother, Sir Brian Souter, are worth £730 million, a decrease of £145 million from the previous year. In January 2023, Gloag, with her husband and two other family members, was charged with criminal offences involving human trafficking.

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Operator Stagecoach has denied claims some of its drivers are racist after reports they stopped asylum seekers boarding its buses in North Somerset. One driver told me 'we don't pick up refugees'. I was left waiting an hour for the next bus, an asylum seeker, who wished to remain anonymous, said.

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Bus operator Stagecoach has confirmed it is set to cut jobs in Cornwall - blaming the drop in passenger numbers and the challenging economic climate for the redundancies.

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Stagecoach, which a decade back looked to swallow up National Express, now is set to be subsumed by its rival. The turnaround in its fortunes has been influenced by foreign ventures, and the pandemic has magnified all of its problems.

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