March 12, 2018 / 3:02 PM / 6 months ago

Dutch government wants to block 50 percent pay increase for ING's CEO

AMSTERDAM (Reuters) - The Dutch government is exploring ways to block a proposed 50 percent pay increase for the chief executive at ING Group, Finance Minister Wopke Hoekstra said on Monday.

FILE PHOTO - Ralph Hamers, CEO and Chairman of the Executive Board of ING, attends the 2016 Institute of International Finance (IIF) Spring Membership meeting in Madrid, Spain, May 24, 2016. REUTERS/Susana Vera

The government “really wants ING to reconsider this proposal”, Hoekstra said.

The salary increase for ING’s Ralph Hamers has become a major theme ahead of municipal elections in the Netherlands on March 21.

Reporting by Bart Meijer; Editing by Alison Williams

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below