This Month
Mark McInnes to earn $2m for executive role at Lovisa
The retailer is adding to his responsibilities with Brett Blundy’s empire, joining the jewellery group which the billionaire chairs.
May
CBA’s share price surge puts Comyn on path to $40m stock fortune
The bank’s stock is one of the most expensive in the world, creating a personal windfall for its CEO that has grown steeply over the last two years.
Eagers execs’ share loans too profitable to go unnoticed
One of the world’s biggest proxy advice firms has taken aim at Eagers. But the drive-by misses the point: management’s alignment with shareholders is good.
Macquarie executive bonus cuts under scrutiny after ASIC action
Experts say the reductions to management payouts are “tokenistic” after the regulator alleged the company had poor risk management and compliance systems.
Tesla board moves to defend Musk’s ‘excessive’ pay package
Tesla chairwomen Robyn Denholm is leading the charge to rework the billionaire’s record 2018 pay package, which has been stuck in a seven-year legal battle.
Highest-paid execs at Macquarie Group revealed
Shemara Wikramanayake’s remuneration was slightly down on the previous year, but she’s still one of the nation’s best paid executives.
April
David Solomon picks up $125m bonus at Goldman Sachs
The investment bank has won approval from shareholders for $US80 million executive bonuses for CEO David Solomon and president John Waldron.
Highest-paid CFOs revealed
Macquarie’s chief financial officer Alex Harvey has reclaimed the title of the country’s highest-paid CFO, bagging statutory reported pay of $10.1 million, despite a 4 per cent decline in his pay.
Gold boss gets 42pc pay rise, $4m in shares despite downgrade
A series of technical setbacks has forced Westgold Resources to cut its forecast for the amount of gold it will produce this year at a time of record high prices.
March
Why no one wants to be a CEO any more
Burnout, scrutiny and liability have turned the top job toxic, and rising stars are opting out.
The hottest new C-suite position is head of AI
Boards and leadership teams are scrambling to hire someone who speaks the language of artificial intelligence.
Goldman Sachs pay surges 30pc for select ‘talented’ executives
The four executives collectively received $US126.5 million for their work in 2024 as overall employee remuneration rose more modestly.
Historic pay data dump gives money men nowhere to hide
Australia’s biggest payers have the biggest pay gaps. Nowhere is this more evident than in financial services, where the money men still dominate.
Australia’s top-paying companies among worst pay gap culprits
A total of 24 companies pay their top-earning workers $1 million or more, but none of them have a neutral gender pay gap.
The story bigger than the gender pay gap in today’s figures
Among the data released by the Workplace Gender Equality Agency is the average pay packet at almost every company with 100 or more employees.
BHP set a gender target. The (male) backlash took 3 years
The miner has more than tripled its female workforce over a nine-year campaign for balance. It overcame a huge shortage of women and an “alpha dog culture”.
This CEO earned $1.6b last year, his deputy got almost $400m
Blackstone’s Steve Schwarzman took home about 11.5 per cent more than what he did in 2023 because of his $US916 million in dividends.
February
NextDC unveils $150m bonus plan to keep star executives
CEO Craig Scroggie is in line for a $112 million bonus if shares rise 124 per cent in five years, making him one of the ASX’s top earners.
January
Goldman’s board gives Solomon 129m reasons to stay put
Goldman Sachs handed its top two executives retention awards worth $129 million to encourage them to keep working at the firm for another five years.
December 2024
Xero CEO’s pay rise shows how to earn corporate Australia’s big bucks
There is one way to earn the big money, and it isn’t linked to market cap, importance to Australia’s economy or even shareholder returns.