Tuesday, 12 April 2016

Leeds BS boss upbeat on year's progress

IT has been a bumper year for the Leeds BS.

In his annual review, chief executive Peter Hill proclaims: "We attracted 22,000 new members, taking total membership to a record 719,00."

He continues: "Pre-tax profit rose by 23 per cent to a record £108.5-million."

The boss, who is 54, was rewarded  for the progress with a substantial hike in his pay.

His total remuneration was £649,000 compared with £586,000 the previous year.

There were also increases for the rest of the board - both executives and non-executives.

Kim Rebecchi, who left  as distribution and marketing director last June (after 26 years and 11 months with the society), received a "loss-of-office" payment of £136,407. 

Since September, she has been a non-executive director with the Business Enterprise Fund. 

The Leeds no longer has a distribution and marketing director.

Its senior  non-executive director is Les Platts (62) whose other interests including being treasurer of a county cricket club . . . oh dear, it's Lancashire CCC.

The society holds its annual meeting at 11am on Thursday April 14 at the Marriott Hotel in Leeds.

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