The planned overhaul would cut Georges Elhedery’s salary, but ultimately raise his maximum pay package by nearly 43%
The new chief executive of HSBC, Georges Elhedery, could scoop a maximum pay package worth more than £15m, as part of a potential deal being put to its biggest shareholders.
The bank’s remuneration committee is testing whether investors are receptive to an overhaul that would slash Elhedery’s salary but boost his potential bonus payouts and ultimately raise his maximum pay package by nearly 43%.
Continue reading...
0 Comments