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Monday, 2nd November 2009 Change Date Latest Issue

SL chief gets share windfall

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Published Date: 22 November 2006
NEW Standard Life finance director David Nish has been conditionally handed free shares in the firm worth around £342,000.
The former ScottishPower executive, who was given a £10.9 million payoff when he left the energy firm, was given 118,729 shares under Standard Life's long-term incentive plan.

If Mr Nish is still with Standard Life in 2009 and meets certain performance criteria, he will receive the shares.

The size of the net holding is currently valued at £341,939.



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1

Toots - Sheila,

Canada 22/11/2006 19:35:27

And I can't get a mere 1335 shares as a member for 20 years!!!!!!

Apparently I don't have "the right address"!!

2

Ian B,

Edinburgh 24/11/2006 08:19:39

When will the directors of Standard Life stop feathering their own nests and start giving decent value to policyholders?

Clearly Mr Nish must be underpaid that he requires this sort of incentive.... Oop's wonder what happend to the £10.9million payoff from Scottish Power? Spent already Mr Nish?


 

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