Diamante Bob, of course.

Barclays president Robert E Diamond has seen his total direct remuneration fall from £21.1m in 2007 to £250,000 for 2008.

There’s no annual cash bonus. No deferred share award. No “fair value of long-term incentive award”. And no extra sweet equity in BGI.  In the fact, the man would be thoroughly employable on Wall St.

Yes, Mr Diamond  enjoyed other benefits of £66,000 — more than double that of any other director. But that needs to be set against the fact that his holdings of Barclays stock from past awards declined by a frightening £49.7m to £23.5m during the year.

Note: Mr Diamond receives no fee as a director of Old Vic Productions.

Related links:
Presenting the Barclays annual report 2008 – FT Alphaville

This entry was posted by Paul Murphy on Tuesday, March 24th, 2009 at 16:38 and is filed under Capital markets, People. Tagged with barclays, bob diamond. Edit this entry.