Saturday, June 5, 2010

Whitbread chief’s £5m pay perks

THE outgoing boss of Whitbread, the leisure group, has started collecting his pension, including a one-off payment of £5.4m, even though he does not retire until November.


Alan Parker, who has been at Whitbread for 18 years, the past six of them as chief executive, will be entitled to an annual payment of just over £135,000 on top of the lump sum he has already received.

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