Pidgley defends ￡31m bonus

摘要

Tony Pidgley, Berkeley Group's chief executive, has defended his decision to award himself a ￡31m bonus amid one of the housebuilding sector's worst fortnights in recent years. As part of the deal, Rob Perrins, the finance director, will get ￡12m and Tony Carey and Greg Fry, two other directors, will get ￡9m and ￡6m respectively. The move comes amid news of mass redundancies at other housebuilders and after Taylor Wimpey failed to raise a ￡500m rescue package from investors.