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Started by: tonker (28053)
In the 2017 fiscal year, CEO Sergio Bucher earned £1.34M from Debenhams. Think that’s outrageous? Consider this: he was only with Debenhams for six months of that fiscal year, so that’s £1.3m for six months work.
In the same year, 16 senior executives were paid £6.1m by the company while the share price slid from £80 to £55 a share.
Rachel Osbourne, who joined the Debenhams board in September 2018 as chief financial officer, has been awarded a basic salary of £439,000 with an annual bonus opportunity for the 2019 financial year of 100% of her base salary. She will also receive a performance share plan award of 67% of her salary.
That's the way the money goes!
Replied: 15th Aug 2020 at 16:43