RSA's Smith in line for €1 million holding from group share incentive scheme
Suspended RSA Insurance Ireland chief executive Philip Smith stands to gain potentially €1 million or more from a groupwide share incentive scheme that rewards executive directors for financial performance.
Suspended RSA Insurance Ireland chief executive Philip Smith stands to gain potentially Euro 1 million or more from a groupwide share incentive scheme that rewards executive directors for financial performance, according to the company's most recent accounts.
Smith was suspended along with two other senior figures earlier this month, after an audit of the Irish operation uncovered a £70 million hole in financial and claims accounting going back more than a year. He held 750,198 shares...
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