Wolseley chief gets £1.9m

Published:  25 October, 2010

LEAMINGTON SPA: Ian Meakins, chief executive officer of the Wolseley UK, picked up £1.9m in salary and bonus during his first full year heading the company.

Wolseley, the heating and plumbing merchant posed pre-tax losses of £328m in the year to July. The company spent £1.19m in pay-offs to former directors Rob Marchbank and Steve Webster earlier this year.

Rob Marchbank: another big bonus.

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