The CEO of UK broadband provider TalkTalk, Dido Harding, has donated here annual £220,000 bonus to charity. The decision follows last year’s cyber-attack (here), which cost the operator tens of millions and resulted in a large number of subscribers having their personal data compromised.
According to Reuters, TalkTalk’s struggling CEO received £2.8 million in total pay and share bonuses for the last 12 months (i.e. £550,000 was base pay, but most came from shares). Apparently Dido’s annual bonus has also been cut from 62% of base pay to 40% to reflect the troubles of 2015.
Dido Harding said:
“Throughout the cyber attack, we worked hard to put our customers first, and we know that they have appreciated our efforts and our honesty throughout. Nevertheless, last October was a challenging period for TalkTalk and its customers and, in recognition of that, I have made a personal decision to donate my bonus to our charity partner, Ambitious About Autism.”
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