Now the group FD of Standard Life, Reed left M&S in April 2005 when
Stuart Rose took charge at the high street retailer.
Reed did not go cheaply though, walking off with a package that surpassed her
2005 earnings. Dyson earned £685,000 while Reed pocketed £657,000 in 2005/2006.
Reed’s pay-off included a £622,000 termination payment, made up of a £130,000
bonus and salary and benefits of £492,000.
Teather & Greenwood analyst Sanjay Vidyarthi said that termination
payments were not a significant factor when assessing company performance.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements