Executives at Red Stripe's parent company, Diageo, have taken a pay cut following a tough year. The company missed targets on sales growth, pre-tax profits and cash flow.
Since Ivan Menezes took the reins in July last year, shares in Diageo have also fallen 1.6%.
Mr Menezes was paid 7.7 million pounds in the year to the end of June, including a 1.8 million pound salary, a bonus of 170,000 pounds and long-term share awards from his current role and previous job as Chief Operating Officer.
In comparison, his predecessor Paul Walsh was paid 15.5 million pounds in the year to June 2013.