Barclays appoints new pay chief
%VIRTUAL-SkimlinksPromo%Barclays has announced a new director in charge of setting pay and bonuses as it moves to defuse a potential shareholder revolt at next week's AGM.
The bank, which paid out £2.38 billion in bonuses last year, said Crawford Gillies has been appointed to its board and will succeed Sir John Sunderland as chairman of its remuneration committee at a date to be set.