Costa boss donates $1m to Concordia charity

Costa boss donates $1m to Concordia charity

The boss of Costa Concordia owner Costa Crociere is reported to have donated a quarter of his last pay package to charity.

Pier Luigi Foschi gave his $969,000 bonus for 2011-12 to the Costa Foundation, set up following the disaster last January in which 32 people died off the Italian island of Giglio.

He received a total of almost $4 million for the year to November 2012, a 16% drop on the previous year, the Sunday Times reported, quoting regulatory filings by Costa’s parent company Carnival Corporation.

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