Hester poised for £17.7m and Egan £6.7m from RSA sale
RSA group CEO Stephen Hester could pocket £17.74m from the sale of the insurer with UK and international CEO Scott Egan in line for a £6.67m pay out, according to analysis of the latest documents published by the provider as part of the proposed takeover by Intact Financial and Tryg.
RSA’s board officially backed the £7.2bn bid on 18 November. On the same day the pair and seven colleagues signed irrevocable undertakings, given as shareholders rather than directors, to vote in
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