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CEO pay cut

lse:lloy

#1

I tend to think it is too small. His decision on PPI cost the bank circa £22bn.,how much value has he created during his tenure? Share price lower than when he started.

I can’t wait for a computer to replace some directors- no gossip no bonus nor pension pots etc.


#2

Statutes
Not a pay cut…a reduction in yearly bonus of about LSD200,000only…I hear…
Based on 15% annual bonus pay out being granted to ALL employees for 2019
A handsome amount Lord Blackwell… considering what Lloyd’s BOD has returned to the long suffering investors…in the past TEN / ELEVEN YEARS…(next to nothing)
Salutations