GVC execs take voluntary 20% pay cut to save Covid-19 costs

Directors and executive committee members to forgo 2020 bonuses as Kenny Alexander reassures employees over 2019 add-ons

GVC’s executive committee and board of directors will take a voluntary 20% pay cut in basic salary and fees for three months from 1 May as the operator seeks to save costs during the coronavirus pandemic. In addition, the board and executive committee has confirmed it will not take bonuses for 2020 as the absence…

Covid-19 | Executive | GVC Holdings | Kenny Alexander | Remuneration | UK