It is expected that the remuneration package of Joe Garner will be comparable with that of Graham Beale, the retiring Chief Executive.
Joe Garner Biography
Joe Garner has a 20 year career spanning financial services at HSBC, telecommunications at BT, consumer goods at Procter and Gamble and retailing at Dixons. Wherever he has worked, Joe’s focus has been on improving customer satisfaction to drive business success.
In his time running HSBC’s UK bank, he built one of the best-rated banks for service on the High Street, looking after 15 million personal and business customers and a UK balance sheet of over £250 billion. He was also responsible for Marks and Spencer Bank, First Direct and The John Lewis Partnership Card. During his time at HSBC Joe completed the re-design and refurbishment of nearly 1,000 branches, re-engineered the bank’s internet and telephone proposition and invested in innovative customer propositions.
At Openreach he leads an organisation with more than 30,000 employees who are responsible for installing and maintaining the communications infrastructure that links homes and business to their service provider’s network.
Joe is married with a young son. Outside work, he is an enthusiastic triathlete and Chairman of the British Triathlon Foundation Trust.
Graham Beale Biography
Graham Beale’s commitment to the mutual financial services sector and his passion for the business and its members has been unwavering. He has dedicated his entire career to ensuring that UK consumers have a viable and attractive alternative to the banks.
He has steered Nationwide through some of the most difficult economic conditions in living memory, strengthening and diversifying the UK’s retail financial services industry in the process. In addition, he has been responsible for creating a new and innovative capital raising instrument that preserves the mutual characteristics of building societies while enabling them to raise Core Capital funding when necessary.
He has overseen a substantial investment in Nationwide’s systems, processes, products and people over the last few years to make the Society fit for whatever the future holds.
All of this has been achieved against a backdrop of strong charitable support and a track record of good corporate citizenship – lending to first time buyers and supporting affordable housing for many.