Peter Hebblethwaite, P&O Ferries Ceo has an estimated net worth of $1.5Billion as of March 2022. He also has a magnificent Cotswold property worth more than £1.5 million, according to daily mail.
Though the exact salary of the CEO of the Ferries is not disclosed to the public, there are several news regarding his assets and wealth.
Mr. Hebblethwaite and his wife Honor spent £1.575 million for their home in 2019, according to Land Registry documents.
The Victorian home is described in the sales brochure as “an imposing detached family house with substantial space. It also includes a heated swimming pool and stables nestled in roughly six acres.”
The home, located near Cirencester in Gloucestershire, has five double bedrooms, a double-aspect study, and extensive gardens and grounds.
“There’s absolutely no doubt that we were required to consult with the unions. We chose not to do that,” P&O Ferries chief executive Peter Hebblethwaite tells MPs, after sacking of 800 workers
READ RELATED: Women, 50, claims her 'unusually affectionate' dog saved her life after he pawed at a cancerous lump
“You chose to break the law,” Labour MP Andy McDonald says https://t.co/2AwnrNBY7z pic.twitter.com/E5U7ZlCFXz
— BBC Politics (@BBCPolitics) March 24, 2022
Mr. Hebblethwaite’s income is unknown, however, it is thought to be in the six figures. He took over as CEO on an interim basis last year.
Taxpayers may be asked to assist bail out the ferry firm’s £146 million pension fund shortfall, according to a review of P&O’s finances. The business paid £696,000 to its highest-paid director in 2019 and £452,000 to its top-earning director in 2020.
If the corporation fails to pay its deficit to the Merchant Navy Ratings Pension Fund — a £1.3 billion plan for 24,000 maritime employees – other contributors, including the government, may be forced to make up the difference.
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