Harrison defends his £1m deal against Sir Stelios
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Andy Harrrison, the former chief executive at easyJet, has hit back at the airline's founder, Sir Stelios Haji-Ioannu, who has threatened to lead a shareholder revolt over his £1m final payout.
Mr Harrison left to take over at Whitbread last year and investors will be asked to approve his final pay packet soon. Mr Harrison said: "All aspects of my remuneration were specifically approved by the board, of which Sir Stelios was a member."
Update (14 February 2011): Sir Stelios Haji-Iannou has additionally explained why he was not present at board meetings concerning Mr Harrison's final pay package agreed in January 2010. He did not attend easyJet board meetings after September 2009 due to the litigation between his easyGroup business and easyJet, and was not a member of the renumeration committee. Nor did he attend the February 2010 AGM. As such, as reported by The Independent on 11 February he at no stage agreed to the pay off, and has always opposed it.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments