The chief executive of Britain’s largest building society has received benefits worth more than £500 a day to cover the cost of travel, security and medical expenses.
Joe Garner, the boss of Nationwide, was handed £185,000 in perks during the 12 months to April 4, according to the group’s latest annual report.
They equate to almost £507 for every day of the year and were in addition to his £885,000 salary, £292,000 pension allowance and £1 million bonus.
These took his total remuneration for the year to £2.37 million, up from £2.32 million a year earlier, even as pre-tax profits at the mutual fell by 15 per cent to £833 million.
Mr Garner, 49, leads what is by far the biggest mutual in the UK,