Summary
ROYAL Bank of Scotland chief executive Sir Fred Goodwin saw his pay jump from Pounds 2.9m to Pounds 4m last year, after the group's annual profits rose 16pc to top Pounds 9bn.
His base pay was 'just' Pounds 1.2m, but he received Pounds 2.8m in bonus after a bumper year. Total board pay rose from Pounds 14.9m to Pounds 24.5m, with investment banking boss Johnny Cameron getting Pounds 3.5m. New finance director Guy Whittaker was paid Pounds 4.5m, including Pounds 2.4m as a 'golden hello'.See the full content of this document
Extract
Rbs Bumper Profits Are Good News for Sir Fred
RBS shares closed down 23p at 1964p, only 6pc higher than a year ago. The bank is introducing a new share op...
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