Reckitt Benckiser, the producer of Durex condoms and Gaviscon, has cut its CEO’s compensation package for the second time in two years.

Rakesh Kapoor got a total pay of £12.5m in 2017, down from £15.3m in 2016, after the firm failed to meet expectations.

Without the lessening for 2017, he would have gotten £23.7m.

Reckitt Benckiser has beforehand been blamed for having over the top pay levels.

As indicated by Reckitt, Mr. Kapoor volunteered to take the cut “based on the [remuneration] committee’s evaluation of performance in the round and alignment of pay outcomes with the shareholder experience.”

“We recognized that 2017 was a challenging year” said Mary Harris, chair of the remuneration committee.

It takes after a log jam at the shopper merchandise company, whose shares have fallen over 25% this year. Sales were level in 2017 because of pricing pressures and one-off events, including a noteworthy cyber-attack.

Mr. Kapoor’s 2016 package was itself sliced by 39% after a security outrage that immersed its South Korean division.

What’s more, even the year prior to, 2015, there had been dissensions about his £25.5m pay, which made him Britain’s third-highest paid boss.

As per the High Pay Center research organization, the normal CEO pay at a FTSE 100 organization was £4.5m in 2016. Figures for 2017 have not yet been discharged.

With a market estimation of £59bn, Reckitt Benckiser is the fifteenth biggest firm in the FTSE 100 list.