Former Macquarie rainmaker Nick O’Kane secured just $1 million in his final year at the company, a dramatic reversal from the $57.6 million the ex-commodities and global markets boss secured in the 2023 financial year.

Once the financial conglomerate’s highest-paid executive, Mr O’Kane resigned in March so was not eligible for the lucrative profit share bonuses that had kept him at the top of the leaderboard for many years.