Stelios tells board: 'You are welcome to resign any time'

'These guys are welcome to resign anytime. We must take a stand against directors who seem to regard our company as their personal piggy bank to be dipped into at will.' Sounds like Stelios and his board could use a few sessions in Relate. The easyJet founder is infuriated by the latest company remuneration report, which shows that directors will be awarded up to £8m in bonus shares this year. But board members are threatening to resign at the first sniff of a shareholder vote on their bonuses.

by Rebecca Burn-Callander
Last Updated: 19 Aug 2013

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