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natwest ceo pay package could rise to 7.7 million ahead of agm
NatWest's chief executive, Paul Thwaite, is set to receive a pay package of up to £7.7 million, pending shareholder approval at the upcoming AGM. This represents a 43% increase, potentially rising to £9.5 million if the bank's shares increase by 50%. The bank is also on track for full private ownership by summer, with the government’s stake reduced to 2.99% after a £46 billion bailout in 2008.
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