6 Aug 2012

National Express pays massive bonus – to the boss

National Express, one of the 'big five' British bus operators,  is boosting the pay of its CEO Dean Finch, after deciding it initially hired him “on the cheap”. He is being awarded 261,407 free shares and his maximum annual bonus is increasing from 125 percent to 150 percent of his £550,000 basic salary. The timing raised eyebrows after last week’s 14 percent fall in half-year profits to £82m pre-tax. 
 http://www.telegraph.co.uk

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