London Stock Exchange’s ousted boss will still receive his multi-million pound bonus pay-outs for three years after his departure.
Frenchman Xavier Rolet left the business in November following a boardroom bust-up
He will, however, be handed up to £8.8million of shares under long-term bonus schemes, assuming various targets are hit.
Former LSE boss Xavier Rolet, pictured with wife Nicole at their vineyard in Provence, will be handed up to £8.8m of shares under long-term bonus schemes
He got a £5.6million package for the 11 months in which he ran the company last year.
Rolet earned a salary of £733,000 and £183,000 towards his pension, plus £138,000 in benefits such as health insurance and a car allowance.
He was handed another £4.5m in annual and long-term bonuses.
It comes after a vicious high-profile spat which saw the 58-year-old Frenchman forced out by his own board after rumours he had a hard-driving, dictatorial management style.
This enraged major LSE shareholder Sir Chris Hohn, a billionaire hedge fund boss, who tried to reverse the decision to make Rolet quit.
It triggered an unusual rebuke from Bank of England Governor Mark Carney who killed off the fightback by saying he did not see how the chief executive could return.
Rolet resigned a day later and chairman Donald Brydon – seen as the mastermind behind the coup – will leave in 2019.
Rolet will be on gardening leave until November this year and will get a full year’s salary at £800,000, as well as benefits.
It is not clear what he will do next, although he is thought to be keen for another big job.
But as the owner of a Provencal chateau with 74 acres of vineyards, and a keen amateur rally driver who has several times competed in the cross-desert Dakar rally, the married father of three is likely to be able to fill the time until then.
His wife Nicole runs their vineyard, which has produced award-winning wines.
He is also due to get three tranches of shares over the next three years under long-term bonus schemes linked to his time in charge, with the first worth up to £3.7million paying out next month.
The LSE has promoted finance chief David Warren, who earned £3.6million last year, to the role of interim boss.
He will get an allowance of £200,000 until a permanent replacement for Rolet is found, taking his base salary to £700,000.
It has also emerged that Carsten Kengeter, former head of the German firm Deutsche Boerse which tried and failed to buy the LSE last year, will get up to £7.9million over the next four years.
He was last year forced to quit over insider trading charges, which he denies.
An LSE spokesman declined to comment on the figures.
LSE shares closed up 1.9 per cent, or 77p, at 4036p.