Thursday, September 06, 2018

Saying it as it is

Avril Palmer-Baunack, chief executive of British Car Auctions (BCA), which owns We Buy Any Car, is in line for a £29m bonus payout thanks to a deal agreed four years ago.
Since then the company’s share price has risen, meaning the shares Palmer-Baunack will now collect are worth more 59 times her annual salary of £525,000.

Questioned about that bonus, she said: “Anyone who says they don’t want money is talking bollocks. We all want to earn money for our family.”

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