LV's chief executive, Mark Hartigan, has already pocketed a £511,000 bonus for 2021 despite the costly failure of his egotistical plan to sell off the business to private equity. Hartigan last week finally loosened his limpet-like clinging to his job and announced he would go once a replacement is found. The vote cannot force Hartigan to hand back cash, but it sends out a very strong signal, if any were needed. Everyone involved at LV seems to have lost sight of the fact bonuses are not a human right for Hartigan. Hartigan continues to trample those principles and the LV board has let him do it.

Source: Daily Mail July 25, 2022 07:07 UTC