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.
AGM strike threat looms for ANZ over CEO Elliott’s pay
The bank’s board is grappling with an investor revolt over executive remuneration due to a lack of “genuine accountability” following the bond scandal.
Confidential documents outline BoQ’s profit targets
If hit, the bank’s cash profit will be well above what the market expects this year. But analysts have warned it has a poor track record of meeting goals.
Linking executive pay to net zero is working – sort of
It’s encouraging to see this linkage increasingly happening, but there is still work to do when it comes to making sure such efforts are effective.
November 2024
BoQ drops bonuses for juniors as senior staff seize the pie
While the bank’s most junior employees will no longer be eligible for a bonus, senior bankers and executives will share in a bigger award pool.
New watchdog won’t have power to rein in million-dollar uni salaries
Australian vice chancellors are the most highly paid in the world. But the federal government cannot set conditions on how much they earn.
The cycle that helps Goodman employees out-earn Macquarie by 2.3 times
Should the tide ever turn on logistics parks, data centres and Goodman Group’s incredible business, perhaps investors will wonder whether they cut it too much slack.
ANZ bond scandal hits Shayne Elliott’s bonus, with all staff at risk
The bank’s chief executive said there were clearly “morale” issues in the markets division at the centre of the trading allegations as executives took pay cuts.
October 2024
Exec pay at IFM Investors jumps 48pc despite profit fall
The infrastructure powerhouse also recorded broadly flat revenue last financial year, but its key management personnel salary bill still soared.
Whitehaven accused of paying ‘overly generous’ bonuses
Whitehaven Coal and a big proxy adviser are at odds over a recommendation shareholders lob a second strike over executive pay.
Big super’s executive gender pay gap revealed
Analysis by The Australian Financial Review also shows who the highest-paid superannuation bosses were last year.
September 2024
Big AGM voter Vanguard ready to wield its proxies to challenge boards
One of the biggest voices at the upcoming AGM season outlines its thinking: don’t expect ideological stances, but do expect a strict focus on skills and pay.
Qantas executive pay falls 40pc, Alan Joyce pockets $3m
The airline has changed the way it pays and claws back bonuses after a stinging rebuke of its remuneration report from shareholders.
August 2024
Qantas board failed to challenge Joyce’s ‘command and control’
Qantas’ incoming chairman John Mullen said bonus practices at the airline had been problematic as the board was unable to override “the formulaic results of a compensation scheme” if there was a major scandal.
July 2024
Who are the highest paid ASX 200 CEOs?
New research shows that ASX 100 CEOs earn on average 50 times more than the average Australian adult.
June 2024
Corporate Travel boss lends to exec he once gave $13m in shares to
Jamie Pherous had previously transferred stock to the company’s former executive director for no consideration to help with her “health challenges”.
Star pays through the nose for a bit of McCann magic
The gaming group’s new boss held all the cards in negotiating his arrival. Now shareholders need him to negotiate as effectively on their behalf.
CEO pay goes green, but details lacking on performance measures
It’s one thing to set CEO remuneration based on climate change goals; it’s another to be able to properly measure them.