TSB chief exec Paul Pester receives £1.9m

 
Tim Wallace
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New bank TSB’s chief Paul Pester received £1.89m in 2014, the bank reported yesterday.

The boss’ salary came to £651,588, while his legacy bonus from Lloyds – paid up to June 2014 – came to £377,000. His TSB award was smaller at £36,167, in line with all staff who hit their targets then get a bonus of 10 per cent of salary.

Long-term incentives from back in 2012 added another £668,318.

And Pester’s pension added £130,318 more.

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