Barclays to slash fixed pay of CEO, Sky News reports
Published by Global Banking and Finance Review
Posted on January 23, 2025
1 min readLast updated: January 27, 2026

Published by Global Banking and Finance Review
Posted on January 23, 2025
1 min readLast updated: January 27, 2026

Barclays is set to reduce CEO CS Venkatakrishnan's fixed pay, capping his earnings at over £14 million, as reported by Sky News.
(Reuters) - British lender Barclays is proposing to slash CEO CS Venkatakrishnan's fixed pay, which will see his maximum earnings capped at just over 14 million pounds ($17.3 million), according to a Sky News report on Thursday.
($1 = 0.8116 pounds)
(Reporting by Prerna Bedi in Bengaluru; Editing by Krishna Chandra Eluri)
The main topic is Barclays' decision to cut the fixed pay of its CEO, CS Venkatakrishnan, capping his maximum earnings.
Barclays is reducing the CEO's pay as part of its financial strategy, as reported by Sky News.
The CEO's earnings will be capped at just over £14 million, equivalent to approximately $17.3 million.
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