Shareholders blast Mitie bonus plan for boss Phil Bentley

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Outsourcer Mitie rocked by investor revolt over plans to hand boss Phil Bentley a bonus of up to £5.7m

By Tom Harmsworth For The Daily Mail

Published: | Updated:

Outsourcer Mitie was last night rocked by an investor revolt over plans to hand boss Phil Bentley a bonus of up to £5.7m. 

Thirty per cent of shareholder votes opposed the proposed scheme at its annual general meeting. 

Revolt: Thirty per cent of shareholder votes opposed the proposed scheme at its annual general meeting

The rebellion came as 32 per cent of investors also voted against boardroom pay at Wizz Air, after the budget airline proposed handing up to £100m to boss Jozsef Varadi. 

Bentley, 62, was paid £2.7m last year but could receive a £5.7m bonus in three years if performance targets are hit. 

A former boss of British Gas, he made a fortune running Cable and Wireless from Miami. 

Mitie said the scheme had ‘extremely stretching targets designed to generate exceptional shareholder value’ and that it has done an ‘extensive shareholder consultation process’.

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