Lighthouse Group has compensated the former executive chairman, David Hickey, £259,000 following his resignation from the post in August last year.
Hickey quit after shareholders voted against his proposal to delist the business from trading on AIM. While the proposal to delist was unanimously supported by the board, many key shareholders, including Allan Rosengren, lobbied against the move. The compensation figure was released in the report and financial statements for 2012. Hickey received total emoluments for the year, including the £259,000, of £376,000. A statement in the report said: "The ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
