A Nice Little Earner
It is reported that Andy Hornby, head of the branch business of the banking group HBOS, is to receive shares worth £2.2m; after reaching targets to boost profits in the bank's Halifax and Bank of Scotland network.
The 38 year old former supermarket executive was offered the shares under a package designed to prevent him becoming chief executive of the troubled chemist chain Boots two years ago.
Thsi despite tha fact that profits have been hit by a £130m provision, to cover claims for endowment misselling.
How nice.
No comments:
Post a Comment