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BusinessFinancial Markets

No 2012 Bonus For Barclays CEO

posted: 4 months ago

Antony Jenkins Barclays

Barclays CEO Antony Jenkins has confirmed he will take no bonus for his work in 2012.

Jenkins said: 'I am aware of considerable speculation about, and public interest in, the question of whether I will be awarded a bonus in respect of my performance in 2012.

'To avoid further unnecessary public debate on this matter, I wish to make clear that I concluded early this week that I do not wish to be considered for a bonus award for 2012 and I have communicated that decision to the Board.

'The year just past was clearly a very difficult one for Barclays and its stakeholders, with multiple issues of our own making besetting the bank. I think it only right that I bear an appropriate degree of accountability for those matters and I have concluded that it would be wrong for me to receive a bonus for 2012 given those circumstances'.

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