24 April 1998
Dalgety chief in line for £1.4m pay-off

DALGETY chief executive Ken Hanna is in line for a pay-off of up to £1.4 million when he leaves the agricultural conglomerate later this year.

He is guaranteed a £387,500 bonus if he successfully completes the sale of Dalgetys petfoods and flour businesses and a £675m cash return to shareholders.

He could also be awarded a termination payment of up to two years pay, worth £620,000.

  • The Daily Telegraph 24/04/98 page 36