Pay & Bonuses | Boss quits after receiving 'appalling' £2m bonus that 'could have improved lives'

Motability Operation’s CEO Mike Betts is set to step down after it was announced that he was in the line to cash in a whopping £2.2million bonus.

Betts has already faced censures from MPs about his “totally unacceptable” annual salary of £1.7million in the past.

Frank Field, Chairman of the House of Commons Work and Pensions Committee told Sky News:

"It is beyond appalling to learn that money that could have been used to improve the lives of disabled people will be lining his pockets instead."