Rolls Royce chief Warren East received a bonus of about 4 million pounds in 2021 and his earnings for the year were 4 million pounds. Compared to 2021, his pay rise stands at 259 percent. He is planning to quit the company by the end of 2022.
The chief received the bonus as shares and it was followed by his successful targeted performance in the past three quarters. He is serving the company holding the current position since 2015.
The total sales of Rolls Royce vehicles in 2015 were 3,785 and it increased to 4,011 units in the next year. However, the 2017 performance was comparatively not impressive at 3,362 units, but the company managed to raise the volume in 2018 and sold 4,107 cars.
The company launched Rolls Royce 103EX in 2016 and thereafter a custom-built Rolls Royce Boat Tail concept car in 2021 that was based on the predecessor model named Sweptail.
In 2017, the company sold Phantom Coupe for $12.8 million and achieved a record for a most expensive car sold as new. It was a one-off custom car and named Rolls Royce Sweptail.
The Sweptail model is a luxury car and debuted in May 2017. It became the most expensive car then and was sold at around $12.8 million. It is based on the Phantom Coupe model and hand-built. It was basically inspired by the 1920s and 30s coachbuilding.
The La Voiture Noire of Bugatti overtook the title of the most expensive car in 2019 and it was sold for $18.7 million.
About Rolls Royce
Rolls Royce Motor Cars Limited was founded in March 1988 in the United Kingdom. It is currently headquartered in Goodwood, West Sussex, UK. The key people managing the luxury automobile maker include Torsten Mller-tvs as CEO, Henry Cloke as CDO, Jonathan Simms as lead engineer and Peter Schwarzenbauer as Chairman.
It is the subsidiary of Rolls Royce, which was established way back in 1906. Its first product was the Phantom sedan which was launched in 2003. It was a four-door vehicle and later a two-door coupe version was manufactured.
The Phantom is currently in the seventh generation and it is a luxury saloon vehicle. Two significant derivatives were launched in 2007 and 2008. One was named Drophead Coupe while the latest one was Phantom Coupe.
The Phantom series retain traditional design cues of the Rolls Royce and mostly made of aluminium body. However, the Phantom production ended in 2017.