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Sat 05 May 2004Sainsbury's gives #1.4m shares to its new CEOSainsbury's, the UK supermarket group, has handed new boss Mr Justin King free shares worth £1.4 million (€2.1 million) - just as staff discovered their Christmas bonus was being scrapped.The supermarket chain confirmed it won't be offering staff a £100 goodwill payment in December for the first time in 25 years, as it focuses investment on a trading revival. This will affect 100,000 staff who have instead been offered a 5 per cent increase in store discount to 15 per cent from October to December.