Payrise for Mercadona owner Juan Roig

Payrise for Mercadona owner Juan Roig

JUAN ROIG: Mercadona chairman earned almost €120 million last year Photo credit: CC/Asqueladd

Juan Roig, Mercadona’s chairman, chief executive and also its majority shareholder received a salary of €12 million in 2023.

This was 9 per cent more than the €11 million that Roig was paid in both 2021 and 2022.

The family-owned company saw a 2023 turnover of €32.86 billion last year, an increase of 15 per cent on 2022, with a net profit of €1.009 billion which was 40 per cent more than during the previous year.

The chain also announced a dividend payout of €201.07 million, 25 per cent up on 2023.

With his 50.66 per cent holding of Mercadona shares, Roig  received €101.8 million in dividends, bringing his total earnings up to almost €120 million.

Herrecha Inversiones, headed by Roig’s wife and Mercadona vice-chairman, Hortensia Herrero, received €55.7 million, although both allocate a large proportion of their dividend income to social programmes via their Proyecto Legado foundation.

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Written by

Linda Hall

Originally from the UK, Linda is based in Valenca and is a reporter for The Euro Weekly News covering local news. Got a news story you want to share? Then get in touch at editorial@euroweeklynews.com.

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