The boss of Nationwide was paid almost £5million last year after leading a merger with Virgin Money.
Debbie Crosbie topped up her £1.2million annual salary with extras including a £1.8million bonus and £1.5million in long-term awards.
Her pay rose to £4.7million – nearly double the £2.5million she was awarded the year before – fuelling concerns about banker-style earnings at the mutual.
Crosbie, 56, has taken home just over £13million since she became chief executive of Britain’s biggest building society, which is owned by its 16m members, in June 2022.
Nationwide chairman Kevin Parry said that the building society has ‘paid out more to members than at any time in its history’ under Crosbie’s leadership.
