During the recession, the bonus culture which has (in part) helped to propel the global economy to  the dizzy heights from which it has recently plummeted (sic: and subsequently buried itself under its own terminal velocity), has come under fire from just about every possible angle.

From bank bosses to outgoing MP’s, public outcry against the endorsement of big bonuses and ‘golden parachutes’ has made proverbial mincemeat out of many a reputation (however well deserved said reputation may have seemed previously). With that in mind, it will come as no suprise to learn that outgoing Porsche chief, Wendelin Wiedeking may be in for similar treatment. Recent reports state he may receive a parting payout in excess of $100million after seventeen years at the helm of the German manufacturer. Couple that with the small factor of Porsche debts totalling some $10 billion and you might not find yourself surprised at such derision.

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Speaking to Real Business, Applied Language Solultions CEO Gavin Wheeldon gave his reaction to the reports: “Wiedeking should be appropriately rewarded for the results he achieved earlier in his career at Porsche – but he shouldn’t be getting such a significant golden parachute at such a bad time for the business,” in reference to the company’s plummeting share price and €10bn debt added “any kind of exit bonus should be based on the current health of the business you are exiting.”

For the full story on Real Business, click here.