NBN Co CEO Bill Morrow pockets $3.6m pay packet

Bill Morrow has cemented his place as our highest-paid public servant, booking a record $3.6m in total remuneration.

NBN CEO Bill Morrow is Australia’s highest paid public servant.

NBN Co boss Bill Morrow pocketed $3.6 million in total remuneration in fiscal 2016, with the executive tripling his bonus from $483,000 to $1.2m and extending his lead as the highest paid public servant in Australia.

Mr Morrow added more than half a million dollars to his pay packet in fiscal 2016, netting almost $3.6m in total remuneration compared to the $3m he received for the same period last year.

The uptick was primarily driven by the threefold increase in Mr Morrow’s bonus for the period, from $483,000 in fiscal 2015 to $1.2m in fiscal 2016, according to NBN Co’s latest report.

Mr Morrow is easily the highest paid employee at NBN Co, with other senior executives taking home half of Mr Morrow’s salary. NBN Co chief financial officer Stephen Rue’s total remuneration for the period came in at $1.4m while network operations manager JB Rousselot earned $1.2m

Mr Morrow’s is part of an elite group of government servants with astronomical pay packets. As the heads of a wholly owned commonwealth government business enterprise (GBE) Mr Morrow’s closest peer on the pay stakes is Australia Post boss Ahmed Fahour who is on a base salary of $2.1m.

Mr Fahour declined his bonus in FY15 but took home $2m in bonuses the year before to net a combined remuneration of $4.6m in fiscal 2014.