連合した boss pockets £1m

By Daily Mail Reporter
Updated: 00:00 BST, 18 September 1999

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Geoff Brady, 長，指導者 (n)役員／(a)執行力のある of 連合した Carpets, will pocket a £1m payout after just over two months in the 職業.

The 45-year- old former Woolworth 訓練生 shop 経営者／支配人 was awarded a 大規模な incentive 一括 when he was headhunted from Kingfisher with the 仕事 of 生き返らせるing the 病んでいる carpet group's f ortunes in 早期に July.

Within weeks 連合した had a 引き継ぎ／買収 approach which led to a bidding 戦う／戦い, now 確かな to be won by French group Tapis Saint-Maclou.

Brady's 契約, 公表する／暴露するd in its 申し込む／申し出 文書 yesterday, shows that if 連合した were taken over he would get £10,000 for every 1p the 株 越えるd 31p - the price at the time he joined.

The French group's 93p 申し込む／申し出 確実にするs a payout of around £600,000. His 18-month 契約 means he will trouser a その上の £337,000 if, as seems most likely, he is not kept on by 連合した's new owners.

An 連合した 広報担当者 defended Brady's windfall 特別手当. 'He took a major 危険 when he （機の）カム here. This guy has had a big 衝撃 on the way the company has been 貿易（する）ing.'

Brady had been running Big W, Kingfisher's 巨大（な） 蓄える／店 in Scotland. 連合した, after 管理／経営 激変, accounting 不正行為s, and a 貿易（する）ing 低迷, was in desperate need of new direction. But Brady, for all his 革新, can hardly have 推定する／予想するd to have seen the 株 price ３倍になる so soon.