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

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.

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Comments (1)

  • Boris
    Boris
    Fri, 14 Dec 2018 1:22pm GMT
    This is yet another prime example of what's wrong in the UK. I am a disabled person, i rely on mobility to get around, the fact that millions of disabled people are being moved over to PIP, and losing their benefit, is bad enough. To find out that this chap was meant to get that much as a bonus is disgusting on a level i find it hard to comprehend.
    Would this person have stepped down if the NAO hadn't gotten wise to such a flagrant display of capitalism? CEO are human too, they should not be paid such extreme amounts of money. Why not take that bonus money and split is equally between all the employees of the company? Isn't this time of year meant to cover charity? Why not donate it to the local councils looking to raise council tax? Anything but paying it to one person who'll simply fritter it away!