The new chief executive of Persimmon will be one of the lowest-paid bosses in the FTSE 100 after the housebuilder announced reforms to tackle allegations of poor standards and excessive boardroom bonuses.
Dave Jenkinson, 51, was appointed as Persimmon became the first British housebuilding group to report an annual profit of more than £1 billion.
The York-based company is Britain’s second biggest housebuilder. It sold 16,449 homes last year, a 3% increase on 2017.
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