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Thread: Ncbs

  1. #1
    HB is offline
    Moderator HB will become famous soon enough
    Join Date
    Apr 2000
    Bagger Towers
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    For those receiving their AGM packs wishing to make decisions on how to vote, we are asked to approve the Directors' Remuneration. Unusually, we don't get told in the SFS what they get.

    The remuneration details of individual Directors are set out in Note 7
    However, there is no note 7.

    To read Note 7 you have to get a copy of the FULL accounts. It is not surprising they are not keen on publicising the pay.

    Mr Mark Bogard and Mr Chris Fry have both received total remuneration rises in excess of 46%

    They also both got, on top of usual Salary, Pension contributions, Benefits, Performance Related Pay, and Medium Term Incentive Bonuses, and additional "Special Performance Award" of £70k and £20k respectively.

    I was also surprised to read that this one-branch Society employs 147 members of staff, 128 being full time.
    planteria and 1User like this.
    Sterling Forever.

  2. #2
    Expert planteria will become famous soon enough
    Join Date
    Apr 2000
    going down the wednesbury road
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    i clocked that the information was not included in the Summary Financial Statement too, HB

    way back it was the 'biggest bag'.. it seems that the real carpetbaggers moved in & looked to dig into those assets.



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