Wednesday, 24 August 2011

Ian Dyson.

Another "Captain of Industry".

When in charge of Punch Tavers, had a basic salary of £675k.

Now that he has split the company in two and is managing just the profitable easy bit, has a salary of £675k.

If I did 30% less and got paid the same amount of money I would be pretty pleased. Especially if I got a pension contribution of 25% of that salary, a 150% bonus, £18k BIK. We're talking almost £2mm. The market cap of the company is £277mm, no thanks to management. That is a 73bps management fee!

I guess shareholders, not so much.

No comments:

Post a Comment