Macquarie Group’s Nicholas O’Kane stands to be the country’s top executive earner after he banked $57.6 million last year, unseating every Australian chief executive in the pay ranks including his own boss, Shemara Wikramanayake.
Mr O’Kane’s total remuneration comfortably eclipsed that of Macquarie’s CEO – who was Australia’s highest-paid last year – by approximately $25 million.
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Aaron Weinman is a correspondent at The Australian Financial Review who covers investment banks, private equity firms and the broader capital markets. Connect with Aaron on Twitter. Email Aaron at aaron.weinman@afr.com
