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Total CEO Pouyanne's 2016 pay up 25 percent at 3.3 million pounds

March 17, 2017 at 11:02 am EDT

LONDON (Reuters) - French oil major Total's chief executive, Patrick Pouyanne, received a 25 percent rise in total pay last year to 3.8 million euros (3.30 million pounds), it said on Friday.

The company said Pouyanne's base pay was 1.4 million euros and the variable portion amounted to 2.4 million euros.

It also said that Pouyanne had been granted 60,000 shares under a long-term scheme, worth about 2.8 million euros at current prices. It also said that the company had committed to pay Pouaynne an annual pension of 691,000 euros, based on 20 years' service at the end of 2016.

Total is France's biggest company and generated larger profits than most of its rivals in 2016.

By comparison, the CEO of Total's bigger European rival Royal Dutch Shell , Ben Van Beurden, received a 60 percent increase to his total pay in 2016 to 8.263 million euros.

(Reporting by Dmitry Zhdannikov; Editing by David Goodman)

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Patrick Pouyanné

Patrick Pouyanné is currently the Chairman & Chief Executive Officer at TotalEnergies SE since 2015.
He is also the Chairman & Chief Executive Officer at Total Gas & Power Business Services SAS.
Additionally, he holds the position of Chairman & Chief Executive Officer at United Way L'Alliance since 2018.
Mr. Pouyanné is an Independent Non-Executive Director at Capgemini SE since 2017.
He is also a Director at Ecole Polytechnique since 2018 and a Director at Association Française des Entreprises Privées since 2015.
Furthermore, he serves as a Director at Institut du Monde Arabe since 2017, a Director at Institut Polytechnique de Paris since 2019, and a Director at Fondation La France S'Engag since 2017.
Mr. Pouyanné has held several former positions including Chairman & Chief Executive Officer at TotalEnergies EP Norge AS, Total E&P Activites Petrolieres SA, and Total E&P New Ventures, Inc. He was also the Chairman of TotalEnergies Petrochemicals & Refining NV, Total E&P Recherche Développement SAS, and Total Raffinage Chimie.
In addition, he served as a Director at Compañía Española de Petróleos SA from 1997 to 2011.
Mr. Pouyanné has also held positions as an Independent Director at Capgemini Technology Services India Ltd.
and as a Director at Total E&P Kazakhstan, Total E&P Angola Ltd., Total E&P Nigeria Ltd., Total E&P Russie, and Total E&P Research & Technology USA LLC.
He was also the Senior Vice President-Strategy at Total E & P Qatar.
Prior to his current and former positions, Mr. Pouyanné served as a Chief Engineer at Corps des Mines.
Mr. Pouyanné's education includes an undergraduate degree from Ecole Polytechnique and an undergraduate degree from École Nationale Supérieure des Mines de Paris.

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Linked companies
TOTALENERGIES SE	Chief Executive Officer
Total Gas & Power Business Services SAS Total Gas & Power Business Services SAS Wholesale DistributorsDistribution Services Total Gas & Power Business Services SAS is a French company that sells fuels, ores, metals, and industrial chemicals. The private company is based in Courbevoie, France. The CEO of the company is Patrick Pouyanné.	Chief Executive Officer