A MULTI million pound pay package awarded to manufacturing giant GFC's new chief yesterday came in for heavy criticism. Mr George Simpson, who takes over the reins from Lord Weinstock as managing director at the beginning of September, will receive pay and pensions worth up to £10 million sterling over five years, the company revealed. But concerns have been raised over the size of the deal, timing of the contract release and the conditions Mr Simpson will have to meet to pick up performance bonuses. Included in the package are a "golden hello" of £500,000 on joining to compensate for leaving the incentive scheme at his previous employers, Lucas, and a profit related bonus of up to 50 per cent on his basic salary of £600,000.