Anger as Nationwide refuses members a binding vote on boss’s 43% pay hike

<p>Lender says Debbie Crosbie’s package ‘should compete with banks’ but critics say building societies are ‘supposed to be the good guys’</p><p>Nationwide is under fire for refusing to give members a binding vote on a 43% pay rise for its chief executive, Debbie Crosbie, <a href="https://www.theguardian.com/business/2025/jun/16/nationwide-bonus-plan-ceo-7m-payday-debbie-crosbie">that could mean her pay package reaches up to £7m.</a></p><p>Campaigners say it leaves the building society’s members with fewer rights than shareholders of listed UK banks and exposes a worrying “loophole” in building society rules.</p> <a href="https://www.theguardian.com/business/2025/jul/06/anger-as-nationwide-refuses-members-a-binding-vote-on-bosss-43-pay-hike">Continue reading...</a>