Persimmon increases dividend amid management pay row
York-headquartered Persimmon, which has come under fire recently for the huge bonuses paid to its top bosses, is paying out more than £300m to shareholders.
The group has been at the centre of a storm over management pay after awarding its chief executive Jeff Fairburn a £75m bonus.
He was to collect a total of £110m worth of bonus shares, but agreed to give up half of the second half of the award, also announcing he was to give a substantial amount to charity.
In its half year trading update this morning, Persimmon said f... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
