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How AMP’s Pahari could make $50m on exit

Michael Roddan

Institutional shareholders in AMP will not oppose a mammoth impending golden handshake for controversial rainmaker Boe Pahari, who is expected to leave AMP Capital with a payout in the tens of millions of dollars.

AMP is expected to bury any financial disclosure of the exit payout for Mr Pahari in costs for the company’s impending spin-off of AMP Capital, although analysts are split on the likelihood of a $50 million golden handshake.

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Michael Roddan is a Walkley Award-winning national correspondent based in Sydney. He is a former business and economics reporter for The Australian. Connect with Michael on Twitter. Email Michael at m.roddan@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/how-amp-s-pahari-could-make-50m-on-exit-20210426-p57md1