Former NSW Premier Mike Baird, who is now NAB’s chief customer officer, earned $2.6 million. But the wager paid off for Westpac, as Joss successfully transformed the bank following its near-death experience in the early 1990s. Disclaimer page. Chief executive Andrew Thorburn’s pay was trimmed by $2.1 million last year, although he still made $4.3 million in the year to September 2018. Colin Kruger is a business reporter. Read more: How bad behavior caught up with Australia’s banks. And an international search takes time. This will severely restrict how much NAB will be able to offer to entice talented foreign bankers. Have a confidential tip for our reporters? US election live: Donald Trump and Joe Biden enter final str... Qld election 2020: How Annastacia Palaszczuk became Premier,... Find out more about our policy and your choices, including how to opt-out. Follow live updates here. RELATED: ‘Snide’ NAB chairman Ken Henry fighting to keep job ANZ Find out more information on NAB's relief package for business. Although this is not guaranteed at this time. Picture: David Moir/AAPSource:AAP. Help using this website - Accessibility statement, the company and the Morrison government revealed a huge spending package, Reserve Bank of Australia governor Philip Lowe, Final Trump-Biden debate will feature 'mute' button, Locked-down pub owner takes freedom quest to High Court, Inner-city apartments holding their demand, says Iwan Sunito, Coronavirus conspiracies keeping ASIO busy, Sutton ordered to explain discrepancies in hotel quarantine evidence, Spy chief personally warns MPs over Chinese manipulation, AFP probes potential corruption in airport land deal, Why Jacinda Ardern is just like a Latin American populist, Australia scores coveted invite to Indian naval drills, Coalition's 'pointless machismo' on China hurts coal exports: CFMEU, Taxpayers 'may have been defrauded' in airport land deal, The 10 most powerful people in Australia in 2020, Premiers, doctors and bankers back in charge but PM still on top, The list to be on: 20 years of the AFR Magazine Power issue, Nobody from Netflix has been to jail, and that's kind of surprising, 'Capital is getting a conscience': Worley CEO's new approach, This surf-mad director has no fear of sharks (or cold water), Whoop it up like Harry Styles in Brisbane's $25,000-a-night penthouse, Rich Lister's plant-based meat gets backing from Asian-based investors, Forrest chases more Aussie icons after $190m RM Williams deal, Wealthy Melbourne family enters property loan game, Tom McIlroy, Timothy Moore, Natasha Rudra and Natasha Boddy. Watch NAB Group Chief Economist Alan Oster share his 2020 Budget insights. As this segment encompasses a huge range of companies and structures it’s not surprising that their salaries range from less than $100,000 a year to over $1,000,000. Commonwealth Bank of Australia CEO Matt Comyn.

Photo: NAB CEO Andrew Thorburn is fronting Parliament today to answer questions raised by the royal commission . Australian Bankers’ Lower Salaries Could Hurt NAB's Hunt for CEO By . The vast majority of Australian CEOs are running the small and medium enterprises (SMEs) that make up 99.7 percent of the businesses operating in this country. • The new framework removes complexity and encourages performance that represents the interests of all NAB stakeholders. The financial services company, which provides superannuation and other products, saw its CEO Craig Meller and chair Catherine Brenner resign last year after it was revealed AMP had charged thousands of dead super customers for life insurance, despite knowing there was no longer a life to insure.
NBN Co said no employee received a pay increase in the financial year, other than in individual promotions. Former chief strategy officer JB Rousselot, who left NBN Co last year, pocketed $1.02 million, including termination arrangements.

Don't have an account? Other roles have included the Herald's deputy business editor and online business editor. Gold Steady as Investors Look to Washington for Stimulus Dea... ECB Inflation Quest, Rise of Robots, U.S. Fiscal Talks: Eco... U.S. Futures Tick Higher; Global Stocks Drift: Markets Wrap. His rescue of the British bank earned him a base salary of £1 million ($1.78 million) with his total remuneration hitting £3.5 million last year, just short of his maximum pay of £3.75 million. Managing Director and CEO of Westpac Brian Hartzer. In his final report Commissioner Kenneth Hayne made 18 referrals to authorities for further investigation and noted seven potential crimes, according to The Australian.

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