Hedge Funds

Man Group boss Luke Ellis pockets $11.3m after 45% pay rise

CEO sees pay spike after a bumper year for the hedge fund

Ellis, who has been Man Group’s chief executive since 2016, received $11.28m in total compensation last year
Ellis, who has been Man Group’s chief executive since 2016, received $11.28m in total compensation last year Photo: Hollie Adams/Getty Images

Man Group boss Luke Ellis’s total pay jumped by 45% last year after the London-based hedge fund posted a jump in revenue and profit.

Ellis, who has been Man Group’s chief executive since 2016, received $11.28m in total compensation last year, up from $7.79m in 2021,  according to the firm’s annual report published on 14 March.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump