The Guardian Australia – Business
·business
·2 hours ago
Metro Bank boss handed record £2.6m after slashing 1,000 jobs
Metro Bank's CEO Dan Frumkin received a record £2.6 million pay package after eliminating 1,000 jobs to stabilize the bank. This amount is more than double his 2024 salary of £1.2 million and comes amid a turnaround following a £925 million rescue in 2023. Frumkin's complex bonus scheme could lead to a potential £60 million windfall based on share performance.
Summary by Glance · The Guardian Australia – Business
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