Payout for Dacre as DMGT bosses pocket £33m amid cuts fears

Former Daily Mail editor to benefit by about £1.9m but top four directors are biggest beneficiaries

Former Daily Mail editor Paul Dacre is to receive a payout of almost £2m, as the top executives at parent company DMGT share £33m in pay, bonuses and share awards this year – while staff brace for job cuts.

Dacre, who stood down as editor in 2018 and until earlier this month was chair and editor-in-chief of the paper’s parent company Associated Newspapers, is to receive the payout in December under one of Daily Mail and General Trust’s long-term incentive plans for senior management.

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from The Guardian https://ift.tt/2YWWmiU