Barclays Joins Rivals With Cuts to CEO Pension Perks - rte.ie -BoardProspects

Barclays Joins Rivals With Cuts to CEO Pension Perks

rte.ie Nov 28 2019 BoardNews

Barclays set to cut the £396,000 pension allowance it pays its CEO Jes Staley Barclays is planning to cut the £396,000 pension allowance it pays chief executive Jes Staley by around half. The move echoes measures by rivals who have pledged to rein in executive pension perks following a campaign by investors...
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1. It's a start but these cuts do not really go far enough. There's no real reason why CEO pension payments shouldn't be completely in line with other staff.
Topics Mentioned
- MDC Partners
- Investors
- stock options
- Bank
- executive compensation
- Barclays
- HSBC
- Scotland
- UK
- Lloyds
- Santander
- Pension Funds
Authors
- Rtenews