Insurance Post

RSA will pay Lee £824k through 2014

Bag of money

Former RSA chief executive Simon Lee will be paid £824 000 in monthly installments over the course of 2014 as part of the terms of his resignation.

The insurer announced Lee had resigned in a statement this morning, and has now stated the terms of his resignation will see RSA continue to pay him through next year.

Lee will be paid the sum in lieu

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