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.