COMMONS

Frank Field MP appalled at Motability CEO’s secret £2m bonus

07 December 2018

The NAO’s report on the Motability scheme, published on Friday, reveals that the CEO of Motability Operations is in line for an additional bonus payment—the full value of which has not previously been made public.

Chair of the Work and Pensions Committee, Rt Hon Frank Field MP, has written to the Chair of Motability Operations to question the evidence he provided to Parliament, and also to the Secretary of State for Work and Pensions, Rt Hon Amber Rudd MP, pressing for action to match the scale of the NAO’s findings about the state of the scheme’s governance.

Chair's comment

Chair of the Work and Pensions Committee, Rt Hon Frank Field MP, said:

“We knew already that executive pay at Motability Operations was out of control. But the NAO has now uncovered the full extent of it, and revealed that the Chief Executive is in line for a £2.2 million bonus payout, on top of the obscene amount of money he has already been given. This is a man whose income is already more than most people can expect to see in a lifetime. It is beyond appalling to learn that money that could have been used to improve the lives of disabled people will be lining his pockets instead. 

Despite a joint select committee inquiry earlier this year, this is the first time these figures have been out in the open. Motability Operations now has serious questions to answer about the information they provided to Parliament.

With reserves on this scale, and the cutting of executive rewards long overdue, there is now huge scope to improve the lives of hosts of disabled claimants without asking taxpayers for a penny more. Will the government act now?"

Further information

Image: Parliamentary copyright

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