Bosses who raked in fortunes as company crumbled
CHIEF WITH SKI CHALET AND HISTORIC HALL
RICHARD Howson, 49, lives in a £2million historic hall in North Yorkshire, with his wife Geri and their two sons.
The handsome stone property boasts commanding views across the Dales. The couple also have a sixbedroom ski chalet in Rhone-Alpes, France, complete with a hot tub.
Two years ago Mr Howson was criticised for an estimated £50,000 home renovation while his firm was accused of failing to fix 45,000 squalid Army houses. The Leeds Polytechnic graduate worked as an engineer, before joining Carillion in 1999 and becoming chief executive in January 2012.
He left in September having received more than £6million in pay and bonuses. Under his contract he is due to receive a £660,000 basic salary and £28,000 benefits till his notice period expires at the end of October.
Mr Howson, like Philip Green and Richard Adam, declined to comment.
THE SELF-STYLED CHRISTIAN CAPITALIST
PHILIP Green, a £215,000-a-year selfstyled Christian capitalist, likes to trumpet his noble deeds, once telling a newspaper: ‘The more money you’ve got the more you should give away.’
The 66-year-old father of two declined to tell his interviewer how much he gives, but has kept enough to buy a four-bedroom house outside Cape Town and owns a £2.2million home in Berkshire which he shares with wife Judy.
The Wales University and London Business School graduate was rapped by the Pensions Ombudsman in 1994 after he let pension scheme money be used to buy a luxury flat at an inflated price, when he was an executive at Coloroll.
He joined Carillion’s board in 2011 and has been chairman since 2014.
RECEIVED £2.6M IN ‘EXTRAS’
FINANCE director Richard Adam, a married father of three, lives in a sprawling £3.5million six-bedroom house on a private road in Hertfordshire.
After graduating in maths at Reading University, he trained as an accountant and worked in a public and private companies before joining Carillion in 2007.
Mr Adam, 60, has had up to £2.6million in extra cash and shares since starting in 2006, according to Daily Mail calculations.
In 2016 he was handed a bonus of £140,000 and longterm incentive awards worth £278,000.
After leaving Carillion in December 2016, he faced a revolt from shareholders at First Group when he joined the transport company’s board. More than a fifth opposed his appointment.
His Carillion successor Zafar Khan launched the review that found the financial black hole which led to last year’s profit warning.