Business Services Industry

Daily Mail, London, Business Briefs.

Knight Ridder/Tribune Business News, May, 2004

Daily Mail, London Knight Ridder/Tribune Business News

May 20--BILL SHANNON, the former pub restaurants boss at Whitbread who quit after failing to win the chief executive's job, gets a UKpound 587,300 payoff and UKpound 162,000 pension top-up.

Shannon earned UKpound 1.149 million last year, up from UKpound 594,958, boosted by a UKpound 775,825 bonus. Retiring Whitbread boss David Thomas earned UKpound 1.4 million, up from UKpound 849,075, lifted by a UKpound 810,241 bonus. Whitbread rose 8 1/2 pence to 761 pence.

THE FINANCIAL SERVICES AUTHORITY has fined Universal Salvage UKpound 90,000 for not immediately telling the market about the loss of a major contract -- a breach of listing rules. Universal fell 1 pence to 63 pence. Ex-chief...

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