Related Articles
IN THE MONEY: Outgoing Post Office boss Rico Back bagged £868,000 in his last full year in charge
Royal Mail’s outgoing boss Rico Back bagged £868,000 in his last full year in charge – despite overseeing a plunge in the company’s value.
The 65-year-old’s two years in charge were marred by battles with the unions and ineffective attempts to restructure the company.
But he raked in a long-term incentive award of £91,000, other benefits, plus a salary of £640,000 and a pension allowance of £112,000.
The total was up from £647,000 the year before.
Source link
