Jeff Fairburn was to donate some of £82m payout due to public anger but still has not made inquiries
Jeff Fairburn, the former chief executive of the housebuilder Persimmon, has failed to set up a charity three years after pledging to do so in an attempt to assuage public and political anger at his £82m bonus.
Fairburn has not registered a charity with the Charity Commission or made any inquiries about how to set one up, after he said on 14 February 2018 he would donate a “substantial proportion” of his bonus to a charitable trust. The furore over the payout, believed to be one of the most generous in the FTSE 100 at the time, led to the chief executive losing his job later that year after the company said it was having a negative impact on the reputation of the business.
