Ronson's Bonus Depends On Filling a Whole Heron [Edition 2]

Summary

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GERALd Ronson's pay fell from Pounds 12.9 million in 2007 to Pounds 1.7 million last year, according to the accounts of Heron International published last Friday.

But before you start sending charitable donations, bear in mind that about Pounds 10 million of the chief executive's 2007 pay packet came from a long-term bonus scheme. The next seven-figure payday won't come until 2013, after the seven-year term of the 70- year old's latest scheme expires.

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Ronson's Bonus Depends On Filling a Whole Heron [Edition 2]

The private business lost Pounds 10 ...

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