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Rebels rap Provident Financial over boss Malcolm Le May’s pay

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Money (uk) rebels rap Provident Financial over boss Malcolm Le May’s pay. thisismoney.co.uk – City & Finance Reporter for the Daily Mail. Doorstep lender Provident Financial has been hit by a rebellion over bosses’ pay, dealing it a setback as it fights off a takeover bid.

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Rebels rap Provident Financial over boss Malcolm Le May’s 573,000 bonus By City & Finance Reporter for the Daily Mail Published: 23:57 BST, 21 May 2019 | Updated: 23:57 BST, 21 May 2019 The Provvy was slammed for paying its chief executive Malcolm Le May a 573,000 bonus Doorstep lender Provident Financial has been hit [.]

Hedge fund firm acknowledges there is ‘still more work to be done’ to win over disgruntled investors. more work to be done’ to win over disgruntled investors. Financial News. News Man Group bosses get their pay but rebels remain. bonus more heavily on quantified financial targets, reducing.

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The shares have fallen from over 30 in May 2017 to below 7. Mr Le May, who has been on Provident’s board since 2014, was made interim executive chairman after Ms Wolstenholme’s death.