The newly appointed chief executive of Prudential UK and Europe, Jacqueline Hunt, who was poached from rival Standard Life (SL) earlier in the year, has been awarded shares worth more than £4.3m in compensation for missed bonuses from her former employer.
Hunt (pictured), who left her post as chief financial officer at Standard Life for Prudential in early September and missed out on bonuses and share arrangements from her previous employer, has been awarded more than 356,700 shares worth a total of £4.3m. The shares were awarded on a like-for-like basis with what she would have received from Standard Life, although some shares are still subject to performance. A Prudential spokesperson said: "As we said in April, when Jackie Hunt's appointment was announced, any long-term awards forfeited as a consequence of joining Prudential will be...
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