RBS CEO Hester’s Bonus May Be Below 1 Million Pounds, Sky Says

Royal Bank of Scotland Group Plc (RBS) may award Chief Executive Officer Stephen Hester an annual bonus worth between 800,000 and 950,000 pounds, Sky News reported today, without saying where it got the information.

Hester’s bonus may consist of about 3 million RBS shares and will be deferred for three years, Sky said. The bank may announce the details of Hester’s bonus tomorrow, according to Sky.

To contact the reporter on this story: Schuyler Clemente in London at sclemente1@bloomberg.net

To contact the editor responsible for this story: Maria Ermakova at mermakova@bloomberg.net

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