Developing
Business·4/27/2026AI summary
Nationwide Building Society Customer Secures Board Election Ballot Spot After 24 Years
James Sherwin-Smith has secured enough peer nominations to appear on Nationwide Building Society's board election ballot at its AGM in July, potentially becoming the first customer on the board in 24 years. The 45-year-old from West Sussex gathered 256 valid nominations, exceeding the 250 threshold. His candidacy raises concerns about member representation following Nationwide's £2.9bn Virgin Money takeover and a 43% pay rise for CEO Debbie Crosbie that members were denied a vote on.
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Guardian UK