Carillion: fat-cat bosses in ‘reward for failure’ row

Up to 30,000 small companies may never be paid for outsourced work

Carillion logo in London
Carillion employed 20,000 people in the UK alone
(Image credit: Photo credit: DANIEL SORABJI/AFP/Getty)

The CEO who presided over Carrillion’s downfall is at the centre of a “reward for failure” row following the revelation that he is still being paid his $660,000 salary despite standing down last July, when the company issued its first shock profit warning.

Up to 30,000 small firms are waiting to see if they’ll ever be paid for outsourced work in the wake of the construction giant’s collapse, but Carillion’s former chief Richard Howson will keep collecting his £55,000 per month salary until October, the Daily Mirror reports. And Howson is not the only former Carillion executive still being paid hundreds of thousands of pounds.

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