Banking bosses at Virgin Money are in line for a £6m windfall if Nationwide Building Society pushes ahead with a proposed takeover of the lender, with more than half of that sum to be pocketed by its longtime chief executive, David Duffy.
Public shareholder data suggests that 13 executives, board members and senior staff are poised for big paydays from the potential £3bn deal, after accumulating stock through years of service at Virgin Money, which was co-founded by billionaire Sir Richard Branson in 1995.
