Business
Untying the CEO pay knot
AMP’s Boe Pahari is set to leave AMP with a payout reported to be up to $50m.
Outgoing JB HiFi boss Richard Murray is set to join Solomon Lew’s Premier Investments for a base salary of $2 million, plus bonuses, plus shares. Total: a lot.
And car yard king Eagers Automotive was reported in today’s AFR as having taken $134 million in JobKeeper payments during the last calendar year.
These are all some very serious numbers.
And they beg the question of just how much is too much when it comes to both executive pay and government support for struggling businesses.
The numbers themselves are massive.
But — and stick with me here — we shouldn’t be looking at large numbers and arbitrarily deciding they’re too high.
See, what most commentary…
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