Rowe, who stepped down as chief executive last month, saw pay and bonuses jump from just over £1m in the previous financial year.
He received a salary of £841,000 for the year to April 2 but saw his total pay deal lifted heavily by £1.6m with bonuses alongside other benefits.
Meanwhile, chief finance officer Eoin Tonge received a £1.85m package for the year, representing a slight decrease on the previous financial year.
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M&S also confirmed that the new top three bosses at the business are in line for around £15m between them if they meet bonus targets.
During his six years leading the business, Rowe was tasked with reversing the fortunes of the company’s declining clothing and home business as well as shaking up its store portfolio, leading to high street closures and staff redundancies.
He led the company to a pre-tax profit of £391.7m for the year as it continued its lengthy turnaround.
Rowe handed over leadership of the chain to Stuart Machin and Katie Bickerstaffe last month, but will continue to advise the new leadership team in the short term.
CEO Stuart Machin will receive an annual salary of £800,000 and co-CEO Katie Bickerstaffe, who is working four days a week, will receive £750,000, the company said.
In April, Marks & Spencer increased the basic rate of pay for 40,000 store workers, ensuring its base rate of pay is ahead of both national and real living wage including across London.
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