RBS boss set for pounds 9.6m pay deal ; ANGER AT BUMPER PACKAGE FOR CHIEF
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Summary
ROYAL Bank of Scotland chief executive Stephen Hester is in line for a pounds 9.6 million pay package if he leads a turnaround of the ailing lender, it emerged yesterday.
RBS won support from UK Financial Investments (UKFI), which controls the Government's more than 70% stake, for Mr Hester's salary and long-term bonus arrangements at a meeting last week.See the full content of this document
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RBS boss set for pounds 9.6m pay deal ; ANGER AT BUMPER PACKAGE FOR CHIEF
UKFI is thought to have backed the move because of links to the bank's share price. This would have to pass a 7...
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