Shareholders are voting on a proposed pay plan that could see NatWest CEO Alison Rose earn £5.2m
NatWest executives are bracing for a potential shareholder rebellion at their annual general meeting on Thursday over a new pay policy that could net its chief executive, Alison Rose, as much as £5.2m a year.
The bank’s new pay policy – which will be put to a shareholder vote on Thursday afternoon – would see Rose’s potential bonus payouts increase by 25%, and result in a 43% rise for finance chief, Katie Murray, by 2023.
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