Household HSBC Watch

August 2005 - Tesco dominates the list of best-paid executive directors, with five of its Board members in the top ten. John Gildersleeve, paid £6,531,000 in 2004, is kept off the top executive director spot by William Aldinger of HSBC, who received £12,420,528. “Aldinger has since retired from HSBC and has been appointed to the board of directors at Charles Schwab” said consumer advocates at Household - HSBC Watch. “We wonder what Charles Schwab was thinking. Here is a list of Aldinger’s suits, charges, and settlements” said the group. William Aldinger was the CEO of former predatory lender Household International, now owned by HSBC. To see how Aldinger clashed with Sir John Bond see this link.