Persimmon Redrow chief: huge Persimmon bonuses ‘very, very wrong’ Steve Morgan says property industry leaders are ‘peed off’ with the £110m payout to boss of rival firm Steve Morgan of Redrow says he’s sick to death of seeing headlines about greedy housebuilders. Photograph: BBCThe boss of housebuilder Redrow has described a £110m bonus being paid to the boss of rival Persimmon as “very, very wrong”. Steve Morgan, the self-made multimillionaire founder of Redrow, said property industry bosses were “peed off” with the vast amount of money being handed to Persimmon CEO Jeff Fairburn. Everyone in the housebuilding game is fed up with Persimmon | Nils Pratley Read more“One company has got it very, very wrong. The Persimmon bonus scheme is believed to be Britain’s most generous corporate payout ever and will hand more than £500m to 150 staff this year.

Source: The Guardian February 07, 2018 18:39 UTC