Finance
NatWest Chief’s Pay Rises as Government Nears Share Exit
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NatWest Group Plc investors backed a £7.8 million ($10.4 million) maximum pay package for Chief Executive Officer Paul Thwaite, as the lender prepares for the UK government to exit its bailout-era shareholding.
Thwaite said at the bank’s annual meeting on Wednesday that the speed of the government’s share sale “is testament to the performance of the business and has helped us to attract new global investors who share our growth ambitions.”