Director of RBS Defends Hester Bonus Award

February 17, 2012 by admin
Filed under: Business News 

Penny Hughes, the director at the centre of a recent bonus row at RBS, indicates that the pay decisions should not be swayed by the mood of the public, even though taxpayers owned 83% of the bank.
Ms Hughes has repeatedly defended the decision to award chief executive–Stephen Hester ever since her joining the board of RBS two years ago.

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