Groenink’s golden handshake set at €4.3m
Rijkman Groenink, who left his job as chairman of ABN Amro on Thursday, received a golden handshake of €4.3m, the bank announced.
The amount is equal to salary and bonuses for 22 months and was decided by the ABN Amro directors.
The redundancy agreement is on top of the €26m in shares and options allocated to Groenink (58) in recent years. Another five senior ABN Amro managers take away between €11m €17m through their shares and options packages.
ABN Amro, the biggest bank in the Netherlands, was recently taken over by a consortium of Fortis, Royal Bank of Scotland and Banco Santander.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation