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QBE CEO John Neal takes $550,000 pay cut for relationship with secretary

Chanticleer is Australia's pre-eminent business column.

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QBE chairman Marty Becker has set a welcome precedent by docking the pay of QBE chief executive John Neal for his failure to notify the board in a timely manner of a relationship with his personal assistant.

The extraordinary move will overshadow the strongest profit result at QBE for several years.

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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com

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    Original URL: https://www.afr.com/brand/chanticleer/qbe-ceo-john-neal-takes-550000-pay-cut-for-relationship-with-secretary-20170226-gulwog