Nationwide draws up bonus plan that could give CEO £7m payday

Building society criticised for proposal that will be voted on next month but says it is prioritising member value

Nationwide’s chief executive, Debbie Crosbie, could land a maximum pay package of nearly £7m as part of a new bonus plan that has been criticised as “borderline hypocritical” for a UK building society.

The pay policy, which will be put to its customers next month, would raise Crosbie’s maximum payout by 43% to £6.9m.

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​Building society criticised for proposal that will be voted on next month but says it is prioritising member valueNationwide’s chief executive, Debbie Crosbie, could land a maximum pay package of nearly £7m as part of a new bonus plan that has been criticised as “borderline hypocritical” for a UK building society.The pay policy, which will be put to its customers next month, would raise Crosbie’s maximum payout by 43% to £6.9m. Continue reading… Nationwide, Banks and building societies, Business, Money, UK news, Executive pay and bonuses, Financial sector Business | The Guardian

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