Today news
About the same in other media
Payout for Dacre as DMGT bosses pocket £33m amid cuts fears
Reading now: 360
Former Daily Mail editor Paul Dacre is to receive a payout of almost £2m, as the top executives at parent company DMGT share £33m in pay, bonuses and share awards this year – while staff brace for job cuts.
Dacre, who stood down as editor in 2018 and until earlier this month was chair and editor-in-chief of the paper’s parent company Associated Newspapers, is to receive the payout in December under one of Daily Mail and General Trust’s long-term incentive plans for senior management.
The vesting of the award of 168,851 shares, worth about £1.9m at DMGT’s current share price, relates to the hitting of performance targets in 2019. The award follows a payout of £1.5m given to Dacre last December.
Dacre’s payout is dwarfed by that of the top four
Read more on theguardian.comAbout this in other media
Bitcoin Latinum Launches World's First Bitcoin Enabled NFT Platform in Partnership with Unico NFT cryptonews.com /2 years ago
Asda appoints former M&S boss Stuart Rose as new chairman theguardian.com /2 years ago
Bitcoin whales plan to buy BTC higher as fresh Mt. Gox payouts add to market fear cointelegraph.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
