Nationwide CEO's Pay Nearly Doubles Amidst Bonus Controversy
Nationwide's CEO has seen their pay packet nearly double to £4.7 million, despite a recent bonus row. This increase follows the building society's takeover of Virgin Money.
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Nationwide nearly doubles CEO’s pay packet to £4.7m despite bonus row
Debbie Crosbie receives £3.2m in bonuses after mutual building society’s takeover of Virgin Money Nationwide building society has nearly doubled the pay packet of its chief executive, Debbie Crosbie, a year after the board pushed through a controversial bonus scheme for its top boss. The mutual, which is owned by its members, released its annual report on Monday, showing Crosbie was handed £3.2m in bonuses – a combination of payouts for annual and longer-term performance – up from £1.1m a...
By Kalyeena Makortoff Banking correspondent
Read full article →Nationwide boss sees pay packet nearly double after Virgin Money takeover
Chief executive Dame Debbie Crosbie took home a total package of £4.67 million for the latest financial year.
By Anna Wise
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