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Ex-Thomas Cook boss Harriet Green gets £5.7m share bonus

Published 01/07/2015

Harriet Green has been handed 4.1 million shares - the bottom end of the range to which she is entitled. (Thomas Cook/PA)
Harriet Green has been handed 4.1 million shares - the bottom end of the range to which she is entitled. (Thomas Cook/PA)

Under-fire travel firm Thomas Cook said its former chief executive Harriet Green has been awarded a shares bonus worth around £5.7m, but will donate a third to charity after the deaths of two children in Corfu.

Ms Green has been handed 4.1m shares - the bottom end of the range to which she is entitled - after meeting financial targets during her two-and-a-half years at the helm of the group.

She will give around £1.9m to charity after intense scrutiny of the company's response to the deaths of Christi and Bobby Shepherd by carbon monoxide poisoning in 2013.

The charities have been chosen in consultation with the parents of Christi and Bobby, Thomas Cook said. Thomas Cook said Ms Green's shares bonus was based on business performance, including share price, adding the group's stock price rose from 16.25p to 136p during her time in charge.

She could have been in line for a much bigger share award of up to 7.1 million shares under the plan.

The group announced Ms Green's shock departure last November, although she has since been on gardening leave.

Belfast Telegraph

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