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Persimmon CEO to step down following bonus furore

Persimmon CEO to step down following bonus furore

Jeff Fairburn is to leave his top job at Persimmon at the company’s request following a media storm surrounding his £75million bonus - the BBC reports.

Fairburn was initially due to receive a bonus of £100million last year, but it was reduced by £25million after a public outcry. The company has announced that they will try to claw back some of the bonus, and Fairburn would continue to be paid until December 31 2018.

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