US investors push for £60m bonus for Vistry boss

By Joey Gardiner2023-03-28T10:58:00

Firm declines to comment on reports of bonus row despite exit of non-exec directors

Vistry has declined to comment on reports that US investors in the business have proposed offering chief executive Greg Fitzgerald a bonus of up to £60m, sparking a board row.

Building understands that a number of US investors, thought to include Inclusive Capital Partners and Browning West, proposed instituting an incentive package for Vistry staff, which would have seen Fitzgerald pocket £60m if the firm’s share price hits £18 within three years – around 150% above its current level.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community