Mark Hartigan awarded payout by insurer’s board even though deal with Bain Capital fell through
The chief executive of LV= has come under renewed pressure to quit the mutual insurer after taking a £511,000 bonus despite leading the botched sale of the 197-year-old company to a US private equity firm.
Mark Hartigan, who faced stiff personal criticism for his role in the aborted sale to Bain Capital, was awarded the annual bonus after the board decided he met most of his personal targets for last year.
