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Payments to CEOs specifically Antonio Horta-Osorio

2

Comments

  • le_loup
    le_loup Posts: 4,047 Forumite
    When I applied for middle management jobs, I had to have a medical.
  • Chadsman
    Chadsman Posts: 1,113 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    cif85 wrote: »
    I'm going to play devil's advocate here, as I'm weary of all the 'banker bashing' that goes on...

    He's managing one of, if not the largest state-owned business and therefore is responsible for millions of people's money (including mine). I am pretty much certain that he will work at least 60 hour weeks, seldom sees his family and gets constant earache from self-serving, ignorant politicians. His daily stress levels will be something most people will never experience in their entire working lives.

    So what if he needs some time off to recuperate? Don't we all?

    Try school teaching and then you will see what stress really is :eek:
    God save the King!
    I'll save Winston Churchill, Jane Austen, J. M. W. Turner and Alan Turing.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Chadsman wrote: »
    Try school teaching and then you will see what stress really is :eek:
    It's all 3 o'clock finishes and 14 weeks a year in holiday isn't it?

    <innocent look>
  • anselld
    anselld Posts: 8,684 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    barak wrote: »
    I'm not criticising Antonio Horta-Osorio. LBG were in a mess long before he arrived. He may just not have realised how big the mess was.

    Not as much of a mess as Santander!
  • barak
    barak Posts: 1,258 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    anselld wrote: »
    Not as much of a mess as Santander!
    If you think that, you don't understand what's being going on!
    ".....where it is corrupt, purge it....."
  • ses6jwg
    ses6jwg Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    anselld wrote: »
    Not as much of a mess as Santander!

    LOL.

    Is this a joke?


    There's a reason LBG is almost half owned by the UK taxpayer.
  • anselld
    anselld Posts: 8,684 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    It may be significantly owned by the tax payer but it at least provides a passable level of customer service.
    Horta-Osorio claims to be a champion of customer service yet has presided over Santander. He is the joke. How anyone thought he could make a positive impact on LBG is beyond me!
  • anselld
    anselld Posts: 8,684 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    barak wrote: »
    If you think that, you don't understand what's being going on!

    I understand he brought us Santander. That is enough.
  • anselld wrote: »
    It may be significantly owned by the tax payer but it at least provides a passable level of customer service.
    Horta-Osorio claims to be a champion of customer service yet has presided over Santander. He is the joke. How anyone thought he could make a positive impact on LBG is beyond me!

    Well consider this.....
    Santander has being integrating a number of large savings groups it has recently bought.
    Mr Osorio was I think head of UK operations of Santander and will now have direct experience in the problems and issues of doing this within the UK financial environment and the way UK retail customers react to 'problems'.

    Lloyds Bank is currently integrating a large business recently bought and would be looking for someone with similar prior recent experience in a similar environment - who has leant how things can go wrong!

    It would seem to me he was in idea candidate.....and no I would not like his job no matter how much you paid me. I very much doubt he has any sort of "life" as we know it. The job will take 100% of his time all day every day including most weekends.

    I know a couple of these corporate executive types and life for their family is not the bed of roses it might seem. Sure, money is not a problem, but it gets to the point where they are simply never at home and never do things as a family. Even prearranged family holidays sometimes have to be abandoned due to crises. To me it's a strange life they lead..........
  • anselld
    anselld Posts: 8,684 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well consider this.....
    Santander has being integrating a number of large savings groups it has recently bought.
    Mr Osorio was I think head of UK operations of Santander and will now have direct experience in the problems and issues of doing this within the UK financial environment and the way UK retail customers react to 'problems'.

    I know that. My point is that he was not successful at Santander so why whould anyone expect him to do any better at LBG.

    There is a big difference between being experienced and being successful.
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