Executive pay
Opinion
Aviation
How the Napoleon of aviation lost the Qantas pay battle
The financial successes that spawned Alan Joyce’s cult-like following among investors ultimately led to the former CEO having largely unfettered decision-making power.
- by Elizabeth Knight
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Updated
Qantas
Qantas cuts former CEO Alan Joyce’s pay by $9.3 million following damning review
Qantas had been under pressure from politicians, investors, employees and customers to claw back about $11 million of Joyce’s bonuses from his final pay packet.
- by Amelia McGuire
ResMed, News Corp bosses top CEO pay tables in 2023
The average realised pay for the chief executive of an ASX100 company in the 2023 financial year was 50 times what an average Australian worker earned.
- by Clancy Yeates
Opinion
For subscribers
Woolworths boss pays the price for its sagging reputation
Canberra has played a game of one-upmanship on supermarket bashing over the past six months and may make the Guinness World Records for the use of the term price gouging.
- by Elizabeth Knight
Opinion
Opinion
Should the Qantas board cut Alan Joyce’s pay deal down to size?
The airline has enlisted an influential governance expert to advise on whether to claw back up to $16 million from the former CEO’s performance-based pay entitlement.
- by Elizabeth Knight
Top public servant gets 20 per cent pay rise to $710,000
Director of Public Prosecutions Raelene Sharp, KC, received a pay rise after Attorney-General Mark Dreyfus wrote to the independent Remuneration Tribunal to assist in its review of the pay packet.
- by Olivia Ireland
Updated
Tesla
‘I do deliver’: Elon Musk jubilant as Tesla shareholders approve $84 billion pay deal
Tesla shareholders have voted to restore Elon Musk’s controversial pay package, but the fight might not be over for the mercurial billionaire.
- by Hyunjoo Jin, Ross Kerber and Akash Sriram
Opinion
Elon Musk
It’s high noon for Musk as his $80 billion payday looms
Tesla shareholders are expected to approve yet again the largest incentive package in US history. If they do, the unprecedented package will no doubt be challenged in court again.
- by Stephen Bartholomeusz
Opinion
Opinion
It’s time Elon Musk faced a blunt truth about Tesla
Elon Musk is one of the great entrepreneurs of the century, but even he isn’t worth the biggest pay packet in history.
- by Matthew Lynn
Opinion
Opinion
$85 billion battle: The drummer who started the fight to block the biggest payday in history
Richard Tornetta is an unlikely campaigner against one of the world’s richest men.
- by James Titcomb
Opinion
Opinion
The hefty pay packets of CEOs is becoming harder and harder to justify
While it’s logical that a position such as CEO deserves higher pay than other roles, the disparity is getting harder to stomach.
- by Victoria Devine