Ousted EMI boss gets £3.6m bonus

The former boss of EMI's music division quit the troubled group with a £3.6m (€5.32m) pay-off, it was revealed today.

Ousted EMI boss gets £3.6m bonus
Mon, 18 Jun, 2007 - 15:22

The former boss of EMI's music division quit the troubled group with a £3.6m (€5.32m) pay-off, it was revealed today.

EMI's annual report revealed that Alain Levy was handed the multi-million pound cash windfall on top of his £912,000 (€1.35m) salary after he was ousted in January amid plummeting sales and a profits warning.

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