, UK

Patisserie Valerie chairman Luke Johnson foregoes annual salary

He is looking to concentrate his efforts in continuous efforts to rescue the bakery company.

Patisserie Valerie chairman Luke Johnson has vowed that he won’t touch his annual salary of £60,000.

According to a report from The Daily Mail, Johnson have also stepped form from his other positions in various companies such as swimming goggles maker Zoggs, West End entertainment business AKA Group and theatre company Generation of Z.

Johnson provided £20 million in loans to the struggling chain they discovered a £10 million accounting hole.
 

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