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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

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

Debbie Crosbie speaking into a microphone
Debbie Crosbie, the chief executive of Nationwide, had previously been allowed to earn up to £4.8m. Photograph: Terry Murden/Alamy

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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