Sacked AA boss could be forced to pay back bonus
THE AA is demanding its ousted chairman hand back more than £1.2m in bonuses due to an alleged undisclosed altercation.
Bob Mackenzie was sacked in July after claims of a punch-up with another member of staff. Now AA lawyers want him to hand back his 2016 and 2017 bonus awards due to an alleged earlier altercation, thought to have been with an AA employee, that was not disclosed to the board. The 65-year-old’s legal team is expected to dispute the AA’s demands. He was sacked for gross misconduct after allegedly clashing with AA insurance division boss Michael Lloyd at a hotel amid simmering tensions over plans to spin off the insurance division. The AA is braced for a courtroom battle over whether its decision to sack Mackenzie was justified – and whether he will get a lucrative bonus.
AA fell 0.1p to 159.9p.