© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

Sacked FTSE 100 chief executive to forfeit £23m in pay and benefits

Sébastien de Montessus of Endeavour Mining was sacked this month over allegations of a multimillion-dollar ‘irregular payment’

The gold producer Endeavour Mining is to clawback more than $29m in pay and awards after firing its chief executive this month for alleged “serious misconduct” over allegations of a multimillion-dollar “irregular payment”.

London-headquartered Endeavour said on Thursday that Sébastien de Montessus, who had led the FTSE 100 company since 2016, would be forced to forfeit $29.1m (£22.9m) in remuneration.

Continue reading…

Related posts

Tens of thousands of A&E and intensive care nurses to join 48-hour NHS strike

AEA3

Gina Lollobrigida, Italian star of the 1950s and 60s, dies aged 95

AEA3

People with mental illness in England face ‘horrifically long’ ambulance delays

AEA3