From the Conspiracies of Silence to Pay Fury ; As the Building Society Agm Season Ends, We Report On the Meetings That Featured Strong Criticism and Others That Heard Nothing but Praise
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Summary
THE main building society annual general meeting season has just finished. In the past ten days, more than 30 building societies have met, giving their members the opportunity to press the various boards on such vital issues as poor savings rates to fat-cat pay. Financial Mail reports from the frontline.
CheshireSee the full content of this document
Extract
From the Conspiracies of Silence to Pay Fury ; As the Building Society Agm Season Ends, We Report On the Meetings That Featured Strong Criticism and Others That Heard Nothing but Praise
BACKGROUND: Cheshire is the 11thbiggest building society and the only one of 63 to be run by a woman. Karen McCormick took over last May when previous boss Colin Whittle departed under a cloud with a Pounds 322,000 payoff.
It's been a baptism of fire. McCormick has closed underperforming branches, warded off a ta...See the full content of this document
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