News Source: Wellington Dominion
| 2 months ago
The bosses of Contact Energy and Skellerup Holdings have been rewarded with big pay rises, even though both firms' profits fell substantially. Contact's managing director David Baldwin made an extra $117,000, bringing his total package to $1.6...
News Source: Sydney Morning Herald
| 2 months ago
THE global financial crisis has failed to significantly dent the pay cheques of some of Australia's highest-profile corporate leaders such as the former Qantas boss Geoff Dixon, setting the scene for a season of shareholder outrage over executive pay.
News Source: Sydney Morning Herald
| 2 months ago
Asciano's board is seeking a 50 per cent increase in the pool of money it can dish out to its directors. The debt-laden ports and rail operator revealed yesterday that its board will push shareholders at its annual meeting on October 23 for a $500,...
News Source: Sydney Morning Herald
| 2 months ago
Mr Pearse's total remuneration for 2008/9 was $11.51 million, up from $6.66 million in the previous year, Boral said in its annual report released on Tuesday. Excluding the end of services payment, he gets a fixed salary of $2.96 million, up from $2.
News Source: Adelaide Now
| 2 months ago
Qantas boss Geoff Dixon was paid almost $11 million for five months' work last year, a vast package sure to attract the ire of shareholders who have seen their investments in the airline eroded. The salary – which roughly equates to $510,000 a...
News Source: Australian Broadcasting Corporation
| 2 months ago
Alan Joyce inherited the airline just as the global financial crisis slashed its profits and, as a result, received no short-term cash incentives (which were worth $1.2 million to him as the head of Jetstar in 2008), and a large reduction in the...