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Ex-Myer CEO earned $4.25m

MYER'S ex-boss Bernie Brookes earned $4.25 million in his final year, up from $2.57m the year before while new CEO Richard Umbers earned $1.5m.

BERNIE Brookes' remuneration package swelled to $4.25 million in his final year as the boss of Myer, despite a hefty slide in profits at the department store.

MR Brookes, who farewelled the retailer in March, received a $1.5 million termination payout on top of a 26 per cent rise in base salary to $2.34 million, Myer's annual report shows.

Original URL: https://www.news.com.au/finance/business/ex-myer-ceo-earned-425m/news-story/264da1c3cd9561475636f9a0a579b3e9