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Secret six-figure payout to banker suspected of child porn

Joanne Tran and David Marin-Guzman

Updated Mar 28, 2025 – 3.10pm, first published at Mar 27, 2025 – 5.00am

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Gresham, a major corporate advisory firm part-owned by Wesfarmers, paid out almost $700,000 including a sizeable bonus to an executive it suspected possessed child exploitation material, as part of a secret exit deal.

The former executive received payments for several years after he left in 2013 in a settlement that required him not to make disparaging remarks about the business or speak about the pornographic videos.

clarification —

This story has been updated to make it clearer that Wesfarmers launched an investigation shortly after it received a complaint in 2023.

Joanne Tran is a markets reporter for The Australian Financial Review in the Sydney newsroom.

David Marin-Guzman writes about industrial relations, workplace, policy and leadership from Sydney.