LONDON, March 5 (Reuters) - State-backed Lloyds BankingGroup said it expects to pay its chief executive 4.9million pounds ($8 million) in 2014 and will ask shareholdersfor permission to pay some staff bonuses worth double theirfixed pay.
Lloyds, which is 33 percent-owned by the government, said itwill pay CEO Antonio Horta-Osorio a base salary of 1.06 millionpounds, supplemented by an additional fixed payment worth about900,000 pounds.
Horta-Osorio is also expected to receive a 2014 bonus worth445,620 pounds and shares under a long term incentive plan worthup to three times his base salary.
Lloyds (LLOY)
