David Duffy
THE chief executive of Clydesdale Bank parent CYBG has been awarded a bonus package worth £1.5 million, payable over the next three years.
The package awarded to David Duffy comes via the group’s deferred equity and long-term incentive plans, with some of it dependant on performance.
Chief finance officer Ian Smith has been granted a package worth up to £692,000 and chief operating officer Debbie Crosbie is in line for a total of £677,000 over the next three years.
The group announced in January that it is to close 79 branches with the loss of 400 jobs, half in Scotland.
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