RBS FD banks £4.5m incentive

RBS FD banks £4.5m incentive

New finance director at RBS will get sum to buy him out of incentive scheme at Citigroup

Guy Whittaker, the new FD at RBS, will receive £4.5m in cash and shares to
buy him out of his contract at former employer Citigroup, The Guardian
says today.

Whittaker will make a further £2.1m this year if he meets performance
criteria at RBS, the paper adds.

Whittaker earns an annual salary of £700,000.

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