P/ASX 200 finished up 24 per cent the year before, the best year since 1987.
“With a 17 per cent increase this year and 24 per cent the previous year, the CEO salary constraints during COVID have genuinely disappeared,” OpenDirector founder Don Hellyer said. The financial sector was another winner, with median CEO pay up 20 per cent. Andrew Alcock at Hub24 saw his pay surge 92 per cent . Ms Wikramanayake’s pay was 49 per cent higher.The big four bank CEOs all finished outside the top 20, with Commonwealth Bank’s Matt Comyn on $7 million, National Australia Bank’s Ross McEwan on $6.3 million, ANZ CEO Shayne Elliott on $5.5 million and Westpac’s Peter King on $5 million.
“But if you look at financial services, there is a big spike in the use of LTIs across the market. This is likely the effect of the Hayne royal commission and the impact of COVID, as these two black swan events forced boards away from STIs.”Lovisa, chaired by billionaire retailer Brett Blundy, received a strike on pay at last month’s annual shareholder meeting, after a protest vote of more than 47 per cent in 2021.
Serious question - what has she done to earn such a large salary? The Maquarie share price is down 15% or so over the year under her watch. What insights or actions has she contributed that are unique or couldn't be done by a normal employee?
Wow, tweeting something related to finance! Bravo to you!
she needs to work for Srilanka to get them out of bankruptcy
won't take long for the sisterhood to spin this one 😂
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