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£90,000,000 windfall for the top management at Wood Mackenzie

£90,000,000 windfall for the top management at Wood Mackenzie

The Edinburgh-based energy, mining and metals research group, Wood Mackenzie has changed hands in a billion pound deal that will trigger a £90,000,000 windfall for its top management. The average pay-out is expected to be around £250,000.

The Scotsman reported that the firm’s eight-strong management team, (led by ceo Stephen Halliday and chairman Paul Gregory), is in line for a major slice of the £90,000,000. They will remain with the business following the deal, which is expected to be completed by the end of August 2012.

Finbar Cullen
ResearchPlus

Finbar Cullen established ResearchPlus in 2005 to provide fundraising research services for the not-for-profit sector. He researches people, companies and grant-making trusts and foundations, mostly in the UK, but also other parts of the world. Finbar has published directories of “unpublished” grant-making trusts (registered with the Charity Commission and with the Office of the Scottish Charity Regulator), and each month he contributes to The Trust List, highlighting newly registered grant-making trusts worthy of particularly close attention.

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