“Barclays CEO to See Reduced Fixed Pay, According to Sky News Report – A Look at the Future of Finance”
Barclays CEO CS Venkatakrishnan Faces Pay Cut Background Recently, British lender Barclays announced plans to reduce the fixed pay of its CEO, CS Venkatakrishnan. This decision will result in his maximum earnings being capped at just over 14 million pounds ($17.3 million), as reported by Sky News on Thursday. Implications This move by Barclays has…