Travelex hires former William Hill CEO as new boss Business Foreign exchange company Travelex has hired a former chief executive of betting giant William Hill as its new boss. Philip Bowcock has been named to the role, effective immediately, and has succeeded Richard Wazacz who has served as CEO for the last three years. Bowcock led William Hill for over three years until September 2019, [...]
Halfords: Departing CEO gets golden goodbye despite losses Retail The departing chief executive of Halfords saw his pay more than double despite the company losing £30m in the year before he stepped down, it has been revealed. Graham Stapleton tool home a pay packet of £1.5m for the firm’s latest financial year, up from the £650,440 he received in the prior 12 months. Stapleton [...]
Thameslink boss steps down after less than two years Transport and infrastructure The chief executive of Go-Ahead, the group which operates London’s Thameslink, Gatwick Express and the Elizabeth Line through a joint venture, has stepped down after less than two years in the role. Miguel Parras has resigned from his role at the Newcastle-headquartered group to “pursue other opportunities” after 20 months. The group has not announced [...]
From deathbed to boardroom: Omaze CEO reveals how flatlining changed him forever July 1, 2025 Matt Pohlson “was supposed to die” when he was born and certainly not hang around long enough to found Omaze, the global juggernaut aiming to revolutionise the high-end property market. Born with a stomach twisted into a knot, Pohlson underwent surgery to save his life – an experience he thought was supposed to happen once [...]
Wizz Air CEO gets huge bonus despite tumbling shares and profit June 25, 2025 The chief executive of Wizz Air saw his pay take off despite the airline’s profit tumbling during its latest financial year. Jozsef Varadi took home a pay packet of €3.8m (£3.2m) for the Hungarian low-cost airline’s year to 31 March, 2025, according to its annual report. The CEO’s remuneration was boosted from the €1.3m he [...]
Direct Line bosses out ahead of £3.7bn Aviva deal after bumper bonus revolt June 23, 2025 The chief executive and chief financial officer of Direct Line are to step down when its £3.7bn sale to Aviva is complete, it has been announced. CEO Adam Winslow and CFO Jane Poole will leave their roles when the deal is finalised next month. In a statement, the company said a leadership team for Direct [...]
United Utilities: Banned bonus for FTSE 100 CEO revealed June 23, 2025 The amount top bosses at FTSE 100 giant United Utilities are set to lose in bonuses – after the water giant was named as one of six to be banned from handing out the payouts – has been revealed. Earlier this month, new measures in the Water (Special Measures) Act come into force which prohibited utility [...]
B&M swaps one tax haven for another June 19, 2025 B&M has revealed plans to swap Luxembourg, the European tax haven the discount retailer has been domiciled in for over a decade, with Jersey. The London-listed company, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide “greater flexibility for returning capital to shareholders going forward”. [...]
Peel Hunt: Bonuses scrapped for third year running June 18, 2025 Peel Hunt has scrapped bonuses for its top executives for a third year running as losses at the investment bank continued. Chief executive Steven Fine took home a pay packet of £465,000 for the year to 31 March, 2025, while chief financial and operating officer Sunil Dhall received £316,000, according to its latest annual report. [...]
DWF: Sir Nigel Knowles to retire as new CEO named June 16, 2025 Sir Nigel Knowles, the chief executive of legal services giant DWF, is to step down from the role after five years, it has been revealed. The CEO will retire from the position he has held since May 2020 on 1 August but will remain with the firm as a senior advisor. He will be succeeded [...]