Rebels rap Provident Financial over boss Malcolm Le May’s pay

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Malcolm John Le May .. He has been Chief Executive Officer of Provident Financial Plc since February 2, 2018 and served as its Interim Executive Chairman since November 24, 2017 until February.

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Rebels rap provident financial over boss Malcolm Le May’s 573,000 bonus. – 21 May 2019 3:57 PM. The Provvy was hit by the revolt at its annual meeting after it was slammed for paying Le May a 573,000 bonus. Investors controlling 20.4 per cent of shares opposed the pay report.

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Provident financial appoints malcolm Le May as new chief executive. The shares have fallen from over 30 in May 2017 to below 7. Mr Le May, who has been on Provident’s board since 2014, was made interim executive chairman after Ms Wolstenholme’s death, putting him in charge of finding a new chief.

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