Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Richard Partington

LV= chief under pressure to quit over £511,000 bonus despite botched sale

Signage for the LV= financial services company outside the firm's building in Bournemouth
LV= members blocked a takeover by US private equity group Bain Capital in December. Photograph: Russell Hart/Alamy

The chief executive of LV= has come under renewed pressure to quit the mutual insurer after taking a £511,000 bonus despite his role in the botched sale of the 197-year-old company to a US private equity firm.

Mark Hartigan, who faced stiff personal criticism for his role in the aborted sale to Bain Capital, was awarded the annual bonus after the board decided he met most of his personal targets for last year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.