Elect James Sherwin-Smith to represent Nationwide building society members
Ben Martin, Financial Editor Friday June 26 2026, 3:10pm, The Times The last member of Nationwide Building Society to vie for a seat on its board has said he is “shocked and deeply disappointed” by the mutual’s treatment of the customer who is following in his footsteps. Alan Debenham, who unsuccessfully stood seven times as […]
This sum comprised a fixed salary of £1.2 million and bonuses amounting to £3.2 million, supplemented by a pension allowance and other benefits. The company’s pay committee said it was “comfortable that remuneration outcomes reflect the society’s excellent performance”. Nationwide made a pre-tax profit of £1.49 billion for the year to the end of March, which was down from the £2.3 billion reported the previous year.
The boss of Nationwide has seen her pay packet nearly double as she cashed in on bonus awards after steering the building society’s multi-billion pound acquisition of Virgin Money.
But the building society is facing criticism over its handling of the first member-nominated candidate to stand for election to sit on its board. […]
The rebel member of Nationwide campaigning to join the mutual’s board has hit out at Britain’s biggest building society over its handling of the vote.
Nationwide confirmed in April that Sherwin-Smith had enough nominations from other customers to have his candidacy put to a vote. But the society has yet […]
James Sherwin-Smith & Why Every Member Should Exercise Their Democratic Right to Vote Understand the important role mutuals play in UK retail banking I enjoyed talking to Jeremy McKeown on his podcast “In The Company Of Mavericks”, out today. We covered: If you’re interested in the stories behind the headlines in Financial Services and personal […]
Nationwide Building Society introduced the “Quick vote” (QV) mechanism in 2006. This was the year after the last Member Nominated Candidate stood for election in 2005. Since that time, there have been no Member Nominated Candidates and no Member Resolutions put forward, so the use of the QV hasn’t been tested in the situation where […]