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Kcxl Broadband customers set to save up to  pound;150 under new Ofcom rules
Wednesday 22 October 2014 4:13 pm|Updated:Friday 07 June 2019 2:12 pmNew SuperGroup chief executive Euan Sutherland gets golden handshake of almost 200,000 shares while share price continues to slideBy: Sarah SpickernellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleEuan Sutherland is being given a golden handshake of almost 200,000 shares by SuperGroup, following his appointment to the role of chief executive earlier today.He will take over from Julian Dunkerton, who founded the grouprsquo stanley cup canada   fashion brand SuperDry. Dunkerton has been appointed to the role of product a polene italy nd brand director.Under the company s Performance Share Plan, Sutherland will receive 193,965 SuperGroup shares. This is on top of a pound;675,000 salary and up to a 150 per cent performance related bonus in cash and shares. It is a conditional award, however, which will only be made available to Sutherland after he has been with the company for three financial years. This means if he leaves after just ten months, as he did at the Co-operative Group in March, the award will be invalid.Sutherlan stanley isolierkanne d said he was looking forward to joining the company in his announcement this morning.  SuperGroup is a great business with a strong brand and I am truly delighted to be taking on the challenge of delivering its growth potential,  he said.The business is at an exciting stage of its development and h Hzod Best of the Brokers
Tuesday 11 August 2009 8:00 pm|Updated:Saturday 01 June 2019 5:18 amAdecco surprises with a lossBy: admindrupalShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleSWISS recruitment group Adecco surprised the market yesterday with a second-quarter ne stanley cup t loss of euro;147m  pound;126m , compared to expectations of a euro;29m net owala water bottle  profit, and announced a new round of cost-cutting.Adecco, the worldrsquo  largest recruiter, said that the loss was driven by impairment charges of euro;192m on goodwill and intangible assets. It added that there were no signs of a recovery in its main European and US markets and that it has initiated further restructuring measures.Chief financial officer Dominik de Daniel said the firm, which has already shut branches and cut jobs to protect its margins, will cut more full-time equivalent employees.The group expects to incur another euro;40m of restructuring costs in the second half, after charging euro;54m in the second quarter, euro;40m more than previously indicated.Revenue slipped 31 per cent to euro;3.6bn as firms across the world slashed their workforces, but Adecco said the pace of decline had eased in most markets during the quarter. The company also said it hoped to boost its professional staffing business with the acquisition of UK-based Spring Group for pound;108m, or 62p a share.With this transaction Adecco will str
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