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Foster + Partners shake-up sends chief packing with £2.2m payout
United Kingdom Architecture News - Oct 27, 2014 - 11:03 2417 views
Foster + Partners, the architecture company behind HSBC’s headquarters in Canary Wharf and City Hall in London, paid its chief executive £2.2 million to step down when his job disappeared in its restructure of the management.Mouzhan Majidi, who joined the company in 1987, resigned in March this year and was handed the payout as a “severance cost”, accounts filed at Companies House showed. The Iranian-born architect was appointed chief executive in 2007.His role was replaced with a newly created position of managing partner.....Continue Reading
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