New Restaurant Group boss set to pocket up to £1m of shares under bonus scheme



The new boss of The Restaurant Group, owner of Frankie & Benny's, is set to pocket up to £1million of shares under a bonus scheme.
Andy McCue, 41, took over as chief executive last month after former head Danny Breithaupt was ousted following a string of profit warnings.
He will pick up 282,675 shares in three years under a long-term incentive plan if performance conditions are met – worth just over £1million at today's prices. 
This will be on top of a basic salary, annual bonuses, benefits and a pension.
Full details of McCue's pay have not yet been released but his predecessor picked... read more

 
19 October 2016 in Business, Views: 42
Source: Daily Mail
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