Corrs Chambers Westgarth partners have overwhelming voted to approve an early five-year contract extension for CEO Gavin MacLaren, putting him on a path to possibly collect as much as $100 million into the next decade.
As this column revealed on Sunday, Corrs chairman Stephen Price surprised the firm’s partners by calling for a vote on MacLaren’s contract, which wasn’t due to expire until 2028. The firm’s board “unanimously” recommended extending it to 2033.