NatWest wants to raise CEO’s maximum pay by more than 40%
Paul Thwaite could earn up to £7.7m, and move comes as bank prepares to return to full private ownershipNatWest wants to increase its chief executive’s maximum pay by more than 40%, as the banking group prepares to return to full private ownership 17 years after it was bailed out by taxpayers during the 2008 financial crisis.The high street lender, previously known as Royal Bank of Scotland, paid its chief executive, Paul Thwaite, £4.9m in his first full year in the role in 2024, shy of his maximum potential payout of £5.4m. Continue reading...
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Paul Thwaite could earn up to £7.7m, and move comes as bank prepares to return to full private ownership
NatWest wants to increase its chief executive’s maximum pay by more than 40%, as the banking group prepares to return to full private ownership 17 years after it was bailed out by taxpayers during the 2008 financial crisis.
The high street lender, previously known as Royal Bank of Scotland, paid its chief executive, Paul Thwaite, £4.9m in his first full year in the role in 2024, shy of his maximum potential payout of £5.4m. Continue reading...
