Post Office Annual Accounts 21/22 Amended
Dear Post Office Limited,
As per Nick Read's email to Sir Wyn WIlliams dated 5th May, the day before the coronation, Nick has kindly paid back a portion of his total remuneration for the year 21/22.
In POL's annual report for that year, on page 45, there is a section CEO Pay Ratio, which is now, as a result of the bonus repayment, out of date and erroneous. Could you please provide me with an updated version as soon as possible and hopefully before Nick Read is called before the Select Committee again. I will notify Mr Darren Jones MP and Chair of the select committee of this FOI request.
Yours faithfully,
Tim McCormack
Our ref: FOI2023/00303
Dear Tim McCormack,
Thank you for your request for information which was received on 2nd June.
Your request is being considered under the terms of the Freedom of
Information Act 2000.
The Act requires that a response must be given promptly, and in any event
within 20 working days. We will therefore reply at the latest by 30th
June.
Please remember to quote the reference number above in any future
communications.
Regards,
Information Rights Team
Finsbury Dials
20 Finsbury Street
London
EC2Y 9AQ
Dear Tim McCormack,
Please find the response attached relating to your Freedom of Information
request.
Regards,
Data Protection and Information Rights Team
100 Wood Street,
London,
EC2V 7ER
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john o'sullivan left an annotation ()
"On the other hand, the Post Office aims to work to statutory timescales when
preparing ARA for publication, including a thorough review process,"-BUT NO-ONE SAW THE MISSED METRIC FOR THE BONUS PAYMENT?