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Glaxo Gender Pay Gap Ranks Among Slimmest for U.K. Companies

  • Average pay for women in Britain 3 percent less than for men
  • CEO Emma Walmsley has revamped Glaxo’s senior management ranks
The GlaxoSmithKline headquarters in London.

Photographer: Matthew Lloyd/Bloomberg

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GlaxoSmithKline Plc, the only major drugmaker led by a woman, has one of the smallest gender pay gaps reported at large U.K. companies so far.

Women at Glaxo are paid about 3 percent less than men in Britain, compared with the national average of about 17 percent, London-based Glaxo said Tuesday in its annual report. The U.K.’s largest drug company said it’s seeing a steady rise in the percentage of women in senior positions.