Nationwide draws up bonus plan that could give CEO £7m payday

Building society criticised for proposal that will be voted on next month but says it is prioritising member value

Nationwide's chief executive, Debbie Crosbie, could land a maximum pay package of nearly 7m as part of a new bonus plan that has been criticised as borderline hypocritical" for a UK building society.

The pay policy, which will be put to its customers next month, would raise Crosbie's maximum payout by 43% to 6.9m.