Monday, Aug 18, 2008
and the theft continues as the bank is clearly failing
Yahoo: B&B cash call gets 28% take up; new CEO announced
Pym’s basic salary will be £750,0000 per annum, plus he will also participate in the company’s Executive Incentive Plan. For the remainder of 2008 and the first six months of 2009 Pym will be guaranteed a minimum cash award equal to at least half of his salary for both of these periods.
Additionally Pym will receive deferred shares equal to the value of his cash bonus and a one-off grant of options to buy up to £1.5m of Bradford & Bingley shares at the current share price.
Posted by mark @ 10:26 AM (213 views) Add Comment
1 Comment
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1. Kruador said...
OK, which is wrong: the number of zeroes in his salary, or the placement of the comma? Should it be £750k (outrageous) or £7.5m (criminal)?