Marc Bolland, Chief executive of high street retailer Marks & Spencer, earned more than £2 million in the last financial year, including a £596,000 bonus and pension benefits.
Their annual report stated that, because the business met its profit target, Marks & Spencer paid bonuses across the company, following the recent announcement of its first rise in annual profits in four years.
Robert Swannell, chairman of Marks & Spencer, said in the firm's annual report: "This year, we have seen outstanding performance in some areas of the business, but performance below our expectations in others."
He said the food business had an outstanding year, while the company's international business performance was disappointing.