lee gardhouse: Hill has now decided to waive the payout, which was 1.7m last year, according to The Guardian. Hargreaves' chief financial officer, Philip Johnson, whose bonus was 997,000 last year, will receive no bonus for 2019, along with Mark Dampier, the research director, and Lee Gardhouse, the chief investment officer, whose pay is not disclosed. Chris Hill, Hargreaves' chief executive, had previously said he would not take his bonus until Woodford's equity income fund reopens. A source at the investment group said Chris believes this is the right thing to do. This demonstrates his and Hargreaves Lansdown's continued focus on putting clients first. He recognises the impact that the gating of the Woodford fund has had on our clients.
(news.financializer.com). As
reported in the news.
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