business
Thames Water Paid Its Incoming Finance Director a £1 Million Joining Bonus
Thames Water offered its new finance chief a seven-figure signing-on fee to attract him to the struggling utility, according to BBC News, Business. The payment adds to scrutiny of executive pay at the indebted company.
Why We Ran This
This story restores context that matters: a regulated monopoly is not an ordinary market, and that distinction changes what accountability and stewardship require of its leaders.
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