Wednesday 21 February 2007

Sir Philip Green Takes a Pay Cut

Hot on the heels of news that Jane Sheperdson has found a new job, it was announced that Sir Philip Green, Arcadia boss is taking a whopping £1.2 billion pay cut. Apparently profits have not been so good this year, with BHS dragging overall performance down despite good results from Wallis and Topman. Nice to know that Philip is willing to reduce his paypacket to ensure the future of his Arcadia group.

1 Comments:

Blogger The terminalator said...

Nice story. WIth regards to the pay cut, it's a case of credit where credit's due i suppose

21 February 2007 at 18:48  

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