So what exactly does...........

Discussion in 'Finance, Property, Law' started by BFG 9000, Feb 17, 2005.

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  1. ........The Chief Executive of a major Building Society do?

    I've just recieved a summary financial statement for Chelsea Building Society for 2004.
    Apparently, the Chief Executive (Mr Michael Bage) was paid
    £521,000 in 2004 (a £25,000 increase on 2003).

    Now, this got me thinking:-
    • What exactly does he do to earn that money?
      How does he fill his day?
      What productive work does he actually do?
      What would happen to the Building Society if he wasn't in place?


  2. If he is anything like a chief executive we had, who got £1/4m+ all the shares and bonus's, and was also CE of BBC at the same time....i would suggest, not a lot
  3. He fulfils the same role as CDS, but is better paid!