Director's deals: Mark Allen, 56, chief exec, Dairy Crest sees pay rise almost 50% despite profits falling 59%

Dairy Crest boss Mark Allen has seen his pay go up by almost 50 per cent in the past year, despite the firm reporting a 59 per cent fall in profits.
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The 56-year-old took home £1.4million for 2015, up from £991,000 a year earlier at the company, which makes Cathedral City cheese. 

Allen, who lives in a five-bedroom house in Surrey worth £1.2million, earned a salary of £523,000 and received £120,000 in pension contributions.

His benefits, which include a car allowance, life insurance, and private healthcare, amounted to £32,000.

It comes after Dairy Crest saw profits fall from £54.2million to £22.1million.

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