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About Mike Hogan |
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About Mike Hogan We had an enormous amount of press coverage during our last campaign. Only one piece left a rather sour note because it was unfair, inaccurate and steeped in innuendo rather than fact. The Sunday Express has finally written a clarification on its letters page on June12 as follows.
The Archbishop of Canterbury says it all – see Richard Morrison in The Times _________________ Money – the unasked questions We once had a drinks party with about 20 people. We had invited George who is half Greek, half Scottish – combining a lack of inhibition with sheer persistence. He was talking to a friend of mine about her business interests. Suddenly I heard her voice ring out: “OK, OK, now you have examined in great detail my money matters I suppose you want to know about my sex life!” The room turned, as a man, to listen. I think it is only Jeff Prestridge and Anne Ashworth among the journalists who have phoned who have asked us what we what we are making out of this. Mike told Anne that we are not making any money at all out of this. Nor do we have any backers. In fact, to date, it is a deficit. Most members of Standard Life of Standard Life are angry. They are cross enough to nominate Mike and furious enough to vote for him. They are also fed up with losing money on Standard Life every year. So to date we have nominations and support of over 500 members but we have subscriptions totalling only £2140, which has all gone in to the Raise the Standard account. In the mean time, we have paid at least £2400 for the web site, the software, the call centre for members without internet access, copying, postage and courier costs. We have charged £1227. Mike has received £1380 for his press articles. This money went into our account. He has worked on Standard Life about 6 months and has been paid nothing for his time. Unless there are enormous numbers of members voting we have only a slim chance that Mike makes the board. We estimate that he would make about the same as an ordinary non executive director – about £37,000 a year. He would certainly not be joining the fat cats. The revised rules on remuneration kick in this year, if approved by members. Mike is voting against them because he is unhappy that only about 70 managers would benefit from the bonus scheme. What about the rest of the labour force of 12,000? Also, Mike feels very strongly that executives should be paid by results. We shall have detailed accounts available to members. We are not making any data available to any third parties nor, at this time, are we taking any web advertisements. We do need your support to continue. Mostly to vote but also to join us – please see txt how to join form. Thanks Annette
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