Socialist Worker

Cutter Crozier quits Royal Mail but watch out ITV

Issue No. 2187

Royal Mail fat cat Adam Crozier has quit—but will walk away with a £2 million bonus.

Crozier axed a whopping 60,000 workers’ jobs during his time as post boss.

And he is set to lap up at least £14 million in his new job as chief executive of ITV—making him one of the highest-paid bosses in Britain.

New Marks and Spencer boss Marc Bolland will grab £15 million in his first year.

He will snatch a £1 million salary, £6 million in bonuses, and £8 million in shares and cash.

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Tue 2 Feb 2010, 19:19 GMT
Issue No. 2187
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