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The large golden hello adds to uproar about bosses' earnings as living standards fall.
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He called it a " golden hello", something to seal the deal.
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Including the golden hello, first-year pay would approach $500,000.
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In addition, the Guardian understands he will also receive share awards of up to £4.4m separate to the golden hello.
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One investor railed against the £3.95m " golden hello" agreed with Crozier, arguing that such an enticement should not be needed to retain top management.
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If you need to buy golden Hello Kitty baby shoes, it's the place to go.
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Lorcan Wyer received a much-needed boost by partnering Golden Hello to victory in the Hardwick Arms Handicap Chase at Sedgefield.
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Golden Hellos of £4,000 and the writing-offof student loans in shortage subjects are important steps forward.
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Newly-qualified doctors should be offered " golden hellos" to entice them to work in general practice in Wales, Plaid Cymru has said.
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Share advisory group Pirc slammed elements such as the provisions for " golden hellos", a recruitment incentive whereby employees are rewarded for joining from another firm.