Netherlands: ING’s CEO won’t be paid in 2009

Publication

25 February 2009 à 08h50

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2 minutes

Publication: 25 February 2009 à 08h50

Reading time: 2 minutes

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Publication

25 February 2009 à 08h50

Reading time

2 minutes

Publication: 25 February 2009 à 08h50

Reading time: 2 minutes

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he ING bank, decided to do without remuneration for 2009. A decision will be made for his 2009 salary in 2010, when the policy on bank managers’ pay, currently discussed, is established. (Ref. 090218)

This symbolic
measure shows a clear break, after Michel Tilmant, former CEO of ING – on of
the big bosses with the highest pay in the Netherlands (€2.3 annually),
resigned in late January. Jan Hommen, former manager of Philips and former
chairman of ING’s board, has to maneuver in troubled waters

…
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