Netherlands: sharp drop in the bonuses of bosses and CEO’s of listed firms

Publication

23 January 2009 à 14h34

Updated on 26 January 2009 à 13h33

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1 minute

Publication: 23 January 2009 à 14h34, Updated on 26 January 2009 à 13h33

Reading time: 1 minute

The lot of these bosses is nonetheless enviable, considers this newspaper. The average salary of a company chief has a fixed part of € 1 million with an annual maximum bonus of € 1 million and a maximum of € 2 million in shares. In 2008, Sjoerd Vollegregt, CEO of the Stork group, has the highest bonus figure with € 3.8 million. However, this is far less than the records amounts received last year by Jan Bellink (€ 75 million ) and Rijkman Groenink (€ 23 million) after the sale of their respective groups, Numico and ABN Amro. Ad Scheepbouwer, boss of the telecommunications company KPN, garnered € 1.8 million in shares in 2008, while Ad Boer of the supermarket chain Ahold, got a bonus of €1.6 million.

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23 January 2009 à 14h34

Updated on 26 January 2009 à 13h33

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Publication: 23 January 2009 à 14h34, Updated on 26 January 2009 à 13h33

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lion ) and Rijkman Groenink (€ 23 million) after the sale of their respective groups, Numico and ABN Amro. Ad Scheepbouwer, boss of the telecommunications company KPN, garnered € 1.8 million in shares in 2008, while Ad Boer of the supermarket chain Ahold, got a bonus of €1.6 million.

Planet Labor, January 30, 2009, No. 090100 – www.planetlabor.com

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