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Macquarie CEO’s unusual move to avert pay strike

As it became clear the group was at serious risk of a first ‘strike’ against its pay report, the CEO hit the phones in a move that’s surprised investors.

When Macquarie chairman Glenn Stevens and chief executive Shemara Wikramanayake take the stage at the $86 billion finance giant’s annual meeting on Thursday morning, investors expect the usual sea of calm.

Stevens, the former governor of the Reserve Bank of Australia, is no stranger to the public eye. Wikramanayake is the consummate professional. And the meeting will be held on home turf, at Macquarie’s gleaming new global headquarters in Sydney.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/inside-shemara-wikramanayake-s-push-to-save-macquarie-from-pay-strike-20250723-p5mhao