LV hands further bonus to ex-boss Mark Hartigan in ‘final insult’
Mark Hartigan, the former chief executive of LV who led the UK life insurer during a failed attempt to sell to Bain Capital, has been awarded another £318,000 bonus for 2022 that critics of the deal branded the “final insult” from his tenure.
Hartigan, who resigned from LV last year in the fallout from the thwarted deal, was graded as a “good leaver” and so eligible for a prorated bonus, according to the mutually owned life insurer’s annual report, published on Thursday.
This story originally appeared on: Financial Times - Author:Ian Smith