Wednesday, 11 June 2008

Arun Sarin to leave Vodafone with £25 million

The Times says Vodafone CEO will leave Vodafone with around £25 million in shares and bonus payments. He has 28.5 million shares and share options worth around £12 million at current prices, although they can't be sold until 2009. He also has 14.5 million shares and share options, worth £10.1 million, that can be cashed in immediately if he wants. In addition, Mr Sarin will receive a bonus of more than one and a half times his £1.3 million salary. [Sources: The Times;]

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