Heads you win, tails you win

Article Abstract:

It has become increasingly common for UK companies to make very large pay-offs to executives whom they wish to dismiss. A pay-off of 500,000 pounds sterling is now typical for a chief executive, and it is not uncommon for a pay-off to exceed 1 million pounds sterling. Some observers believe that this trend has been prompted by the fact that the rewards for success have become greater and the dangers presented by failure more clear. Being a chairman or chief executive of a leading UK company is a much less secure position than it used to be.

Management Compensation, Analysis, Executive compensation, Severance pay

---

Carpet king continues a long roll

Article Abstract:

Carpet group Carpetright, headed by Sir Philip Harris, has seen rapid growth over recent years, and now holds 14% of the UK carpet market. It is now setting up a larger format Carpet Depot operation, and hopes to increase its market share to 20%. Sir Philip Harris also has strong links with the Conservative party, for which he is a leading fundraiser. He believes that the economy is recovering and that the government is really responding to the needs of ordinary people.

Interview, Rug and carpet industry, Carpetright PLC, Harris, Philip

---

Triumph of skill and a 40m pounds sterling gamble

Article Abstract:

Motorbike manufacturer Triumph relaunched in the UK in 1991, and has seen strong growth since then. It believes that it will break even for the first time in 1995, and expects strong sales of the 900cc Adventurer, its latest model. The company is the only significant motorbike manufacturer left in the UK, and it must do well if the industry is to remain alive.

Motorcycle industry, Triumph Industries Ltd.

Similar abstracts:

• Abstracts: Mr Right goes to Washington. Jasper turns its back on soulless Klan rally
• Abstracts: Does your office make you sick? One man's revival of ancient English rites
• Abstracts: Last stand of man who hooked millions. Crippling legacy of interminable civil war. Indian turns its back on Western ways
• Abstracts: He can't talk but he tells a ripping good yarn. The customiser is always right
• Abstracts: How to get a slice of the action. Insurers are up for grabs. Brokers and benchmarks may not be a great combination

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.