1. Last Day in the Office for Persimmon and Unilever CEOs After Year of Controversy

    Last Day in the Office for Persimmon and Unilever CEOs After Year of Controversy

    Persimmon boss Jeff Fairburn is to step down on Monday, bringing to a close a year of controversy over executive pay at the housebuilder. Last month he agreed to quit the FTSE 100 company because of the “distraction” over his controversial £75 million pay-packet, which he said was hurting his and the company’s reputation. The bumper bonus sparked outcry among politicians and shareholders, and was rejected by 48.5% of Persimmon investors in April as they vented their anger over the deal...

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