Bus boss got cash to quit before sale

Former state-owned bus firm Connexxion paid its then-CEO Rob van Holten a €821,000 bonus to leave the company in 2006, ahead of its privatisation, the Volkskrant reports on Thursday.

The paper says the deal, agreed with the government, was to prevent Connexxion board members objecting to the sell-off and applied to 15 people. Only Van Holten took advantage of it.
Connexxion is now largely in the hands of French firm Transdev.
Van Holten and another former Connexxion bosses have now launched their own bus firm qbuzz, the Volkskrant says.

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