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Bonus scheme set to pay out for Persimmon managers

Senior executives at housebuilder Persimmon will be eligible for payouts from a 10-year bonus scheme this December.

Among those set to benefit is former chief executive officer Mike Farley, who could get shares worth around £20m.

December’s payout could total £240m, and the bonus scheme could be valued at around £620m by 2021.

The Guardian, p. 20

 

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