Business
Why the CEO of $2b tech company doesn’t pay himself a salary – The Australian Financial Review
Kerry Packer was long gone, but one of his business decisions informed a key part of Dicker Data’s strategy, which has led its CEO to make tens of millions.
While Dicker and his co-founder Fiona Brown own the vast majority of the company (more than 70 per cent between them), Dicker says the companys other investors are supportive of all the profits being paid out as dividends, because the business doesnt function like one of the now-popular high-growth software companies such as WiseTech or Whispir.
David Dicker also owns a track car manufacturing business. Dean MacKenzie
You can only do it in certain types of businesses, he says. Our business isnt…
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