The joint chief executives of landlord Hansteen are in line for tens of millions of pounds in bonuses amid growing uproar over executive pay.
Ian Watson and Morgan Jones, who co-founded the FTSE 250 firm in 2005, will be awarded shares under a long-term incentive plan that pays out every three years if the value of the company’s assets increases sufficiently.
Each man had already secured an award of 13.1m shares by June, equivalent to a payout of £12.1m each at the current share price of 92.75p.
