Taylor Maritime Investments chief executive Edward Buttery has seen his overall pay package jump after taking on extra responsibility.

The boss of the London-listed bulker owner also became CEO of Singapore’s Grindrod Holdings following the December 2022 takeover.

TMI’s annual report lists Buttery’s basic salary as £530,000 in the year to 31 March, plus a bonus of £397,500 and a pension payment of $53,000, for a total of £980,500 ($1.24m).