Under-fire insurance boss lives in £1.5million historic mansion

Life’s Very good when you’ve got three homes in one: Under-fire insurance boss lives in £1.5million historic Cotswolds mansion made up of three converted houses

  • Chief executive behind bid to sell LV lives in a £1.5million Cotswolds mansion 
  • If move goes through Mark Hartigan could see a major improvement to his salary
  • LV members accused him of being ‘extremely disingenuous’ over future pay

The millionaire supremo behind the bid to sell LV to American vulture capitalists lives in a £1.5million historic Cotswolds mansion made up of three houses knocked into one.

Mark Hartigan’s grand country home near Bath in Somerset was built early in the reign of Queen Victoria. 

The father-of-three’s house lies behind black cast-iron gates with stone walls draped in wisteria and has a private gravel driveway leading to a two-car garage and a tennis court.

The millionaire supremo behind the bid to sell LV to American vulture capitalists lives in a £1.5million historic Cotswolds mansion made up of three houses knocked into one

His quaint village, hidden down tight country lanes, lies just within the boundaries of the Cotswolds and has a Grade I-listed church dating to the 12th century. 

The family’s social media accounts reveal how the career of Mr Hartigan, 58, has given them the trappings of wealth.

They have been abroad on holidays to exotic locations such as Hong Kong where they went to Disneyland.

The boss’s eldest son, 23, attended £35,000-a-year Downside School before Oxford Brookes University. He was an intern at Zurich Insurance’s United Arab Emirates office while his father was an executive there and is a regular on the ski slopes. Mr Hartigan’s daughter, 19, also went to Downside and is now a student at Edinburgh University.

Mark Hartigan’s (pictured) grand country home near Bath in Somerset was built early in the reign of Queen Victoria. The father-of-three’s house lies behind black cast-iron gates with stone walls draped in wisteria and has a private gravel driveway leading to a two-car garage and a tennis court

The family’s gilded lifestyle is likely to be boosted if LV’s board succeeds in selling the company to Bain Capital. Mr Hartigan may get a major improvement to his salary. He could also be handed a chunk of the new private company.

Angry members of LV, who currently own it as a mutual, have accused the boss of being ‘extremely disingenuous’ over his future pay after he claimed he would not benefit from the deal at all.

Yesterday Mr Hartigan doubled down, telling the BBC: ‘There’s no incentives related to the deal for me or anyone else, the chairman, the board or any part of our management team.’

However, it is thought that chairman Alan Cook, 68, who lives in a £1million house near Milton Keynes, Buckinghamshire, can expect to remain in post for an extra two years, netting another £410,000 in fees.  

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