Motability firm boss to get £2.2m bonus on top of £1.7m salary

Motability firm boss to get £2.2m bonus on top of £1.7m salary
 

The boss of the business that leases cars to people with disabilities on behalf of the Motability charity is to receive a £2.2m bonus on top of his controversial seven-figure salary, the government spending watchdog has revealed.
Mike Betts, chief executive of Motability Operations, came under fire earlier this year after MPs called his annual £1.7m pay package “totally unacceptable”.
A National Audit Office report published on Friday says as well as his “generous” remuneration, Betts is also in line for a previously undisclosed performance bonus worth about £2.2m.
The Motability scheme... read more

 
Friday, 07:30 in Business, Views: 51
Source: Guardian
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