The 50-year-old private equity firm-boss, who is accused of sexual harassment against a 27-year-old Danish finance-woman, is at risk to lose up to 170 million crowns if he should leave his job because of the case. It appears from the judicial documents, as the medium The Times refers.
Frederic Michel-Verdier, executive director of Londan with private equity fund IFM Investors, stand to receive between 128 and 170 million dollars in the so-called long-term incentive pay, according to the documents. Money which he, according to The Times will miss if the case triggers a firing of the finansbossen.
It is Danish Nathalie Abildgaard, who have raised the case against Frederic Michel-Verdier and the IFM, where she previously worked.
As the so-called juniormedarbejder in the private equity fund earned she is around 800.000 kroner a year – and stood for an equivalent amount of bonus, if she was in the job for a specific date in 2018.
But according to Nathalie Abildgaard, she was forced to resign early last spring. This is because according to the accusation, that she, in march last year were subjected to sexual harassment and degrading treatment of finansbossen at the nightclub ’Bling Bling’ in Madrid.
The accused, franskfødte, Frederic Michel-Verdier, the future will not drink with the younger employees. It makes him vulnerable, he explained in the courtroom. Press photo
Frederic Michel-Verdier was earlier in the week questioned in the case by ’the Central London Employment Tribunal’.
Here he acknowledged to have sent a text message to his younger employee via Whatsapp at four o’clock in the morning. Here was the number on his hotel room followed by a smiley and the word ’come’.
In the courtroom gave the financier – according to Bloomberg and other English media – the impression that he was the overall employee had been ‘naive’ and ‘irresponsible’ when he sent that message, which ‘could easily be distorted’.
But it was certainly no invitation. He called it even ’unthinkable, that Nathalie really may have interpreted the message’ as an invitation to visit his hotel room.
Frederic Michel-Verdier rejects the charges of sexual harassment and cross-border behaviour, however, guaranteed in law, that it is now for him was over with alcohol and drinking on the job.
According to Nathalie Abildgaards prosecutor has finansbossen been intimidating close to her, while he among other things said: ‘I’m so much older than you. I know more about sex. I can teach you a lot’ and ’if I were 20 years younger, I would have thrown myself over you’.
Frederic Michel-Verdier acknowledges that he drank too much that evening and night, where the team celebrated the completion of a big deal in Madrid.
IFM Investors has made an internal investigation in connection with the case. It means that the 50-year-old because of the episode already has been cut its annual bonus and a ban on drinking at work-related events in 12 months, writes The Sunday Times.
the Extra Leaf has been in contact with Nathalie Abildgaard, which do not have comments on the matter. There is expected a decision within six weeks.
