Daily Mail

OUSTED FINANCE BOSS MAY GET £1.8m

-

M&S’s ex-finance chief Helen Weir, 53, could leave the firm with around £1.8m.

The former Lloyds Banking Group finance chief, who left in March, was paid £826,000 for 2016/17, more than 30pc less than the year before, after losing her bonus. That includes around £72,000 she is being paid under a share plan, paying out only 8.2pc of the maximum possible. She is also in line to collect a further bonus from shares awarded in 2016, worth a potential £483,982. She will get her salary and benefits until November 8, working out at around £441,580.

In all the total could hit £1.75m. Weir joined M& S from John Lewis in 2015.

Newspapers in English

Newspapers from United Kingdom