Subscribe to our newsletter



CEOs hit with 25 per cent pay cut

The 25 new chief executives appointed to top 200 companies over the past 18 months received an average 25 per cent pay cut from their predecessors, according to new research by consultants Egan Associates.

CEOs hit with 25 per cent pay cut
smsfadviser logo
  • Shared by Australian Financial Review
  • July 04, 2017
share this article

The research reveals that the new batch of CEOs, which included Wesfarmers' Rob Scott, Origin Energy CEO Frank Calabria and Carsales CEO Cameron McIntyre, received an average $4.19 million pay packet compared to over $5 million for the outgoing CEOs.

Read the full article on the Australian Financial Review.

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles