THE CHIEF financial officer of FTSE 100 car insurer Admiral has sold off a number of shares awarded through the company's senior executive restricted share plan.
Kevin Chidwick sold off 34,207 shares at £11.79 each, netting him £403,301. He retained 10,802 shares awarded under the scheme.
In March, Admiral paid a special dividend after pre-tax profits increased 13% to £299m in 2011 with net revenue up 36% at £870.3m.
The special dividend payment was 38.8p.
Sign up for Financial Director email alerts
Please enter your email below to receive your profile link
Search by job title, salary, or location - we only list senior financial roles
One of the UK's most well-respected bosses talks about retail, governance, reputation, tax, his career - and that of CFOs – in a wide-ranging interview...
Send to a friend