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Bonuses for Quintain’s Worthington and James

Former Quintain finance director Becky Worthington and former executive director Max James were the only senior members of staff to receive bonuses last year.


According to the company’s annual report for the year to 31 March, Worthington, who in May was promoted to deputy chief executive, took home £504,000 last year – up 19% on the previous period.


Her total package comprised a £350,000 salary, £84,000 of benefits and pension contributions and a £70,000 bonus.


James, who replaced Adrian Wyatt at the helm of the company in May and this week spoke exclusively to Estates Gazette (p60), received a total of £286,000 including a £50,000 bonus.


The highest paid member of staff was Wyatt who received £690,000, down from £705,000 the previous year.


The 2012 annual report does not reveal any payments made to Wyatt when he stepped down following the year-end, but does detail payments made to former directors Nick Shattock and David Gavaghan who both recently left the firm.


Shattock, who resigned on 24 March 2011, was paid £107,300 for a further three months of employment, then received £492,000 reflecting six months salary and benefits, a “further sum of £76,800” and shares valued at £158,000.


Gavaghan, who resigned on 16 February 2012, received a post-termination payment of £231,500.

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