News update – Sweeteners are a bonus

Tate & Lyle, the sugar, sweeteners and starches producer, has introduced a new deferred bonus share plan.

Under the plan, executives will be able to defer up to 50% of their cash bonus to invest in Tate & Lyle shares.

James Stephenson, head of compensation and benefits at Tate & Lyle, said: "It is aligning senior exec reward with that of shareholders … the performance condition is total shareholder return against other [firms]."