Barclays to pay new CEO up to £8.24m a year
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London
BARCLAYS plc said it will pay incoming chief executive James Staley up to £8.24 million (S$17.6 million) a year after appointing the former JPMorgan investment bank boss to one of the most prominent posts in British business.
Mr Staley will join Barclays as CEO at the start of December, having been widely expected to be appointed after sources and other media reports this month said that he had been chosen and just needed regulatory approval.
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