Martin Vander Weyer Martin Vander Weyer

Is it possible to defend the Persimmon boss’s nine-digit bonus? Well, let me try

Also in Any Other Business: who do you believe about Bitcoin?

issue 06 January 2018

New Year’s Eve was certainly a day for celebration in the household of 53-year-old Jeff Fairburn, chief executive of the housebuilder Persimmon. He was due to receive the first £50 million tranche of shares under a bonus scheme that has won him total entitlements of £110 million. He must have done a terrific job, you’ll be thinking, if shareholders value him so highly.

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