Dec 20 (Reuters) – Rugby Football Union’s (RFU) board chairman Tom Ilube said on Friday
he was stepping down, after it emerged that huge bonuses were paid to CEO
Bill Sweeney and other executives despite the English governing body
posting a record operating loss.
The RFU Council has set up an immediate review into the circumstances surrounding
the bonuses, after it was shown that Sweeney was paid a total of 1.1 million pounds ($1.4 million) in the last accounting
year.
The sum included a 358,000 pound bonus that was part of a long-term incentive
plan (LTIP) for top executives. Under the plan, agreed after the executives took pay
cuts during the COVID-19 pandemic, five others received a total of
1 million pounds.
RFU reported a loss of 37.9 million pounds over the same period, and made more than 40 staff redundant in September.
“I have decided to step down from my role as Chair of the RFU as recent events have become a distraction from the game, but will stay on to ensure a smooth transition to a new Chair as soon as one is in place,” Ilube said in a statement
shared by the RFU.
“I´m pleased that an independent review of the LTIP scheme has been commissioned and look forward to its findings once completed.”
British media reported on Wednesday that Sweeney and Ilube were set to face a confidence vote
after almost 200 member clubs and bodies demanded a special general meeting, to be
held in February. ($1 = 0.7994 pounds) (Reporting by Chiranjit Ojha in Bengaluru; Editing by Kate Mayberry and Hugh Lawson)
There are various tools and websites that affirmation to allow users
to view private instagram viewer Instagram profiles,
but it’s important to log on these afterward caution. Many of
these tools can be unreliable, may require personal information, or
could violate Instagram’s terms of service. Additionally,
using such tools can compromise your own security or guide to scams.
The safest and most ethical quirk to view a private profile is to send a
follow request directly to the user. Always prioritize privacy and idolization in your online interactions.
how can i get lexapro without prescription
My relatives always say that I am killing my time here at net,
except I know I am getting familiarity everyday by reading thes good
content.
Dive into the exciting gaming world of taya365 download! Endless selection of games, fast withdrawals and fair play – everything for your pleasure.
If some one desires to be updated with most
up-to-date technologies after that he must be pay a visit this web page and be up to
date daily.
Hi there to all, it’s really a fastidious for me to go to see this
web site, it consists of precious Information.
Dec 20 (Reuters) – Rugby Football Union’s (RFU) board chairman Tom Ilube said on Friday
he was stepping down, after it emerged that huge bonuses were paid to CEO
Bill Sweeney and other executives despite the English governing body
posting a record operating loss.
The RFU Council has set up an immediate review into the circumstances surrounding
the bonuses, after it was shown that Sweeney was paid a total of 1.1 million pounds ($1.4 million) in the last accounting
year.
The sum included a 358,000 pound bonus that was part of a long-term incentive
plan (LTIP) for top executives. Under the plan, agreed after the executives took pay
cuts during the COVID-19 pandemic, five others received a total of
1 million pounds.
RFU reported a loss of 37.9 million pounds over the same period, and made more than 40 staff redundant in September.
“I have decided to step down from my role as Chair of the RFU as recent events have become a distraction from the game, but will stay on to ensure a smooth transition to a new Chair as soon as one is in place,” Ilube said in a statement
shared by the RFU.
“I´m pleased that an independent review of the LTIP scheme has been commissioned and look forward to its findings once completed.”
British media reported on Wednesday that Sweeney and Ilube were set to face a confidence vote
after almost 200 member clubs and bodies demanded a special general meeting, to be
held in February. ($1 = 0.7994 pounds) (Reporting by Chiranjit Ojha in Bengaluru; Editing by Kate Mayberry and Hugh Lawson)
There are various tools and websites that affirmation to allow users
to view private instagram viewer Instagram profiles,
but it’s important to log on these afterward caution. Many of
these tools can be unreliable, may require personal information, or
could violate Instagram’s terms of service. Additionally,
using such tools can compromise your own security or guide to scams.
The safest and most ethical quirk to view a private profile is to send a
follow request directly to the user. Always prioritize privacy and idolization in your online interactions.
Hello, everything is going sound here and ofcourse every one is sharing data, that’s actually excellent, keep up writing.
Dive into the exciting gaming world of 365 taya! Endless selection of games, fast withdrawals and fair play – everything for your pleasure.
I am regular reader, how are you everybody?
This article posted at this website is in fact nice.