Business
How an email cost former QBE boss Pat Regan $10 million – Sydney Morning Herald
QBE’s chairman Mike Wilkins has set a new high water for responding to code of conduct breaches.
Not only did Regan depart immediately after the board had seen the results of a legal investigation into the incident that had been reported by the female staffer, but on Wednesday he was paid out just over $300,000 plus legal entitlements like holiday and long service leave.
That might not seem like a penance to most, but in the corporate world this is a pittance for an executive that last year earned $4.4 million.
And as for the amount he was forced to leave on the table in share rights – th…
-
Noosa News22 hours agoThis 42-Kilometre Walking Trail on the NSW North Coast Weaves Through Ancient Rainforest, Volcanic Mountains and Spectacular Waterfalls
-
Noosa News24 hours agoGabby Petito died after experiencing domestic violence. Young Aussies are identifying with her story
-
Noosa News20 hours agoQueensland cop cleared by court of stealing watches during anti-gang raid
-
Noosa News22 hours agoAnother power station confirmed offline as political fallout continues amid cultural issues