“Housebuilder Persimmon’s boss in line for ‘outrageous’ £50m shares windfall despite Theresa May’s crackdown on fat-cat pay”

“The boss of one of Britain’s biggest housebuilders is in line for an ‘outrageous’ £50 million New Year shares windfall despite Theresa May’s crackdown on fat-cat pay.

Persimmon’s chief executive Jeff Fairburn will next month pocket the first chunk of a share bonus worth a total of about £130 million at the current share price, The Mail on Sunday can reveal.

The Persimmon incentive scheme, which will see 150 managers share a bonus pot of more than £800 million, is likely to make Fairburn the best-paid FTSE 100 chief executive. … “

http://www.thisismoney.co.uk/money/news/article-5116833/Persimmon-boss-set-outrageous-50m-shares-windfall.html

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