Lord Price’s payment on top of the £1.3m he earned as the grocer’s managing director and chairman final yearLord Price,the former boss of supermarket chain Waitrose, has received a golden goodbye worth £1.9m from the employee-owned John Lewis Partnership.
The payment is on top of the estimated £1.3m he was paid as the grocer’s managing director and deputy chairman in 2015 and is likely to raise eyebrows among staff, and given a recent cost-cutting drive that has seen some canteens close and delivery drivers asked to work longer hours.
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Source: theguardian.com