Yesterday I was heartened to see that former Colgate-Palmolive employee Mark Angela bagged a £300,000 pay-off leaving Greene King, on top of his £442,000 salary and bonuses, after leaving the pub company earlier this year.
The former head of its managed pub division, whose whereabouts remain a mystery to this day, still has use of his company car until next April under the terms of his contract which should come in handy for his current search for work.
The revelations in this year's annual report also include chief executive Rooney Anand bagging £891,000, including a £422,000 bonus, while tenanted division boss David Elliott earned £488,000, including a £213,000 bonus.
Angela joined Greene King in January 2003 from consumer goods company Colgate-Palmolive, where he was general manager of its Hills Pet Nutrition. Given the perks he's raked in at Greene King it is a wonder he doesn't try his hand at one of Colgate's more famed products - toothpaste - I'm sure his pearly whites will keep shining as he counts his severance pay with a smile on his face.
