Ceo Salary Qantas

Until the recent COVID pandemic forced him to take a pay cut stay tuned for more on that coming up Joyce was earning the frankly staggering annual salary of 24 million a figure that made him Australias highest paid CEO by a considerable margin. Recently departed Macquarie Group chief Nicholas Moore earned a similar amount last year with Treasury Wine Estates Michael Clarke the third highest-paid boss on 19 million.

Qantas Ceo Alan Joyce Ranks 1 Highest Paid Australian Executive

Joyce last year took home 238 million making him Australias.

Ceo salary qantas. Joyce will take none of his AU23m 155m salary for the rest of the year. Fixed Annual Remuneration Executive salary packages are based on a cost to each Executive Director of Qantas and each of the five highest paid Executive Officers of Qantas and the Qantas Group are included in relation to be paid and payable to the company basis as -. In addition to temporarily culling one quarter of its flights Joyce will take no salary while the chairman will take no fees.

Qantas Airways Ltd. The Qantas CEOs latest pay cheque has dived from the 24m he received in 2018 after the COVID-19 crisis virtually grounded the airline and pushed it to a 19 billion loss. Ten days ago it was the 24 million salary of Qantas boss Alan Joyce hitting the headlines.

He is joined by chairman Richard Goyder and has said that upper management and board members will be taking a pay cut of 30. Realised pay includes the value of both cash and equity such as shares received by the executive. In a bid to rein in the spiraling costs associated with the current coronavirus outbreak Qantas CEO Alan Joyce will take none of his AU23m 155m salary for the rest of the year.

His massive salary has set a new record too as. He is joined by chairman Richard Goyder and has said that upper management and board members will be taking a pay cut of 30. - travel benefits includes the incremental cost of Australian Airlines in October 2002.

Todd Sampson was appointed to the Qantas Board in February 2015. He is a Member of the Remuneration Committee. Chief Executive Officer Alan Joyces compensation fell 83 to A17 million 12 million in the year ended June as the airline slashed salaries and bonuses to save money.

Qantas CEO Alan Joyce. Mr Sampson was Executive Chairman of the Leo Burnett Group from September 2015 to January 2017 and National Chief Executive Officer from 2008 to 2015.

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