Reach4Entertainment (R4E) the company formerly known as Pivot and before that First Artist has served up two great pieces of news today. The best is the departure of the grossly overpaid finance director Shirley Stapleton, but it gets better.
Stapleton was a legacy of the ancien regime which was marked for a central cost base which even by the standards of the AIM cesspit was bloated. Her package in 2011 was a salary of £178,000. Last year as Reach reported a small profit she trousered £175,000 plus a pension contribution of £8,000.
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