Business
Icare paid executives $4 million in salaries and bonuses – Sydney Morning Herald
Eight icare executives received bonuses in 2019
Group executive Rob Craig took home the largest annual bonus, $175,730, on top of a long-term performance payment of $160,000, taking his total salary to $870,878 that year.
Then-chief executive John Nagle, who refused to disclose his pay details to the inquiry earlier this month, was paid a base salary of $700,000 in the 2018-2019 financial year, plus a $106,000 long-term performance payment.
The bonuses were awarded after return-to-work rates for the Nominal Insurer – the largest of icare’s …
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