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Nationwide appoints Debbie Crosbie as first female chief executive
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theguardian.comNationwide has appointed Debbie Crosbie as the first female chief executive in the building society’s 175-year history.
The 51-year-old, who has led the turnaround of the troubled bank TSB as its chief executive since May 2019, will take over from Joe Garner, who has run Nationwide for the last six years.
Crosbie will start at the country’s second-largest mortgage lender in the first half of next year. Nationwide did not disclose her pay; however, it is expected to be in line with the £1.2m Garner currently receives annually.
“Following a thorough and rigorous selection process, she emerged as the outstanding candidate to lead Nationwide,” said Kevin Parry, Nationwide’s incoming chair. “She brings significant banking experience combined with
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