Patisserie Valerie chair waives salary after cafe chain's accounts scandal

Luke Johnson will not collect £60,000 salary following anger
from shareholders

The chair of Patisserie Valerie, Luke Johnson, has waived his
salary and pledged to give up some of his other jobs as he battles
to turn around the cake shop after an accounting scandal.

The multi-millionaire has told the board of the chain’s listed
parent company that he will not collect his £60,000 annual salary
for his remaining time at the group. Johnson, 56, has been under
pressure from
angry shareholders
since the group’s shares were suspended
last month.

Source: FS – All-News2-Economy
Patisserie Valerie chair waives salary after cafe chain's accounts scandal