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Barclays CEO’s maximum pay could rise by 45% to more than £14m

  • Barclays CEO, CS Venkatakrishnan, may see his maximum pay package rise by 45% to over £14m.
  • The bank is considering plans to overhaul pay structures, involving lower fixed pay and higher bonuses.
  • Venkatakrishnan's fixed pay would be reduced from £2.95m to £1.59m, but he could receive bonuses up to eight times his new salary.
  • The proposals will be outlined in the bank's annual report and put to a shareholder vote.

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