Barclays CEO Paid $3.5 Million as Millionaire Earners Shrink
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Barclays Plc awarded Chief Executive Officer Antony Jenkins 2.3 million pounds ($3.5 million) last year and said fewer staff earned a million pounds than in 2011 as the British bank responds to public pressure and cuts costs.
Jenkins earned 63 percent less in salary and long-term bonuses than his ousted predecessor Robert Diamond did in 2011, though he was CEO for only the final four months of 2012. Britain’s second-largest bank by assets awarded 428 workers more than 1 million pounds in 2012, down from 473 in 2011, according to its annual report, which was published today.