Beazley to claw back top executives’ pay after accounting error
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Beazley to claw back top executives’ pay after accounting error

beazley logolondon.png

Beazley has announced it will cut the pay of its top executives after an accounting error meant CEO Adrian Cox and CFO Sally Lake were each awarded over £100,000 ($119,000) more than they should have been.

The mistake, which was first noticed by the FT’s Alphaville, prompted the insurer to issue a stock market update revising calculations relating to its financial performance.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article