Vistry has declined to comment on reports that US investors in the business have proposed offering chief executive Greg Fitzgerald a bonus of up to £60m, sparking a board row.

Housing Today understands that a number of US investors, thought to include Inclusive Capital Partners and Browning West, proposed instituting an incentive package for Vistry staff, which would have seen Fitzgerald pocket £60m if the firms’ share price hit £18 within three years – around 150% above its current level.

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