STOP PRESS: Healthy Shandwick payoff for McNulty

Dermot McNulty, former chief executive of Shandwick International, is to receive a package of pounds 1.2 million after being made redundant from the firm, according to the firm’s annual report. He will receive pounds 567,000 compensation for loss of office and pounds 630,000 in pension entitlements.

Dermot McNulty, former chief executive of Shandwick International,

is to receive a package of pounds 1.2 million after being made redundant

from the firm, according to the firm’s annual report. He will receive

pounds 567,000 compensation for loss of office and pounds 630,000 in

pension entitlements.



In addition he is entitled to cash in share options of around pounds

370,000.



Larry Kaplan, the company’s former US director, received pounds 447,000

in severance pay and pounds 196,000 in annual pay.



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