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HARD TIMES FOR INDIAN CHIEF

Scott Wine, chief executive of US powersports manufacturer Polaris, has been hit in the wallet by recent misfortunes for his company. With profits down after another year of tepid core ATV sales, compounded by repeated recall costs, even strong growth for the Indian motorcycle brand hasn’t been enough to save him from personal pecuniary punishment.

A notice to shareholders at the 2017 Polaris AGM detailed Wine’s total remuneration last year — including salary, stock awards and options, and additional items — as a mere £4.47m. This figure was 23% down on £5.82m in 2015 and a brutal 38% lower than the £7.21m he trousered in 2014.

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