It's well worth reading the article. The paper has kept a neutral tone but the facts are all there.
Monday, 16 January 2012
A4e's accounts - revelations
The Telegraph has just published an article headed "A4e pays £1m to former chief executive". That was the pay-out to Robert Martin, who left A4e in September 2010 after 3 years with them. The million was on top of £304,000 remuneration. The Telegraph has had a good look at the accounts, which show that A4e's top management got £4.7m and the company also paid out £11m in dividends. (Since Emma Harrison owns 85% of the shares that's £9.35m to her.)