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Anger over £760,000 payoff for ex-Northern Rock boss

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  • #1

    Anger over £760,000 payoff for ex-Northern Rock boss

    The controversial chief executive who led Northern Rock to the brink of collapse has received a £760,000 payoff. Adam Applegarth?s bonanza, which will be revealed when the bank publishes its annual accounts tomorrow, comes despite the fact the newly-nationalised bank still owes taxpayers £25billion

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  • #2
    Anger over £760,000 payoff for ex-Northern Rock boss

    The former boss of Northern Rock is still being paid nearly £40,000 a month, the bank will reveal on Monday. The spectacular payout was slammed yesterday as 'outrageous', and another example of executives being rewarded for failure. Adam Applegarth, the bank's former chief executive, was the architect of the catastrophic business model which lead to the bank's collapse

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    • #3
      Anger over £760,000 payoff for ex-Northern Rock boss who presided over bank's collaps

      The former boss of Northern Rock is still being paid nearly £40,000 a month, the bank will reveal on Monday. The spectacular payout was slammed yesterday as 'outrageous', and another example of executives being rewarded for failure. Adam Applegarth, the bank's former chief executive, was the architect of the catastrophic business model which lead to the bank's collapse

      More...

      Comment

      • #4
        Anger over £760,000 payoff for ex-Northern Rock boss who presided over bank's collaps

        The former boss of Northern Rock is still being paid nearly £40,000 a month, the bank will reveal on Monday. The spectacular payout was slammed yesterday as 'outrageous', and another example of executives being rewarded for failure. Adam Applegarth, the bank's former chief executive, was the architect of the catastrophic business model which lead to the bank's collapse

        More...

        Comment

        • #5
          Anger over £760,000 payoff for ex-Northern Rock boss who presided over bank's collaps

          THE former boss of Northern Rock is still on his salary of £760,000 a year, it will be revealed today.

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          • #6
            Anger over £760,000 payoff for ex-Northern Rock boss who presided over bank's collaps

            THE former boss of Northern Rock is still on his salary of £760,000 a year, it will be revealed today.

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