Latest News from Newealth

13 Jul 2021

Executive Salary, Incentives & Tenure

We are pro-business but don’t understand how any business can pay an employee AU$43m for one year of work.

Yes, the Chief Executive Officer (CEO) must be paid and paid well but AU$43m for one year of work!

Is it theft or value for shareholders to pay a CEO AU$43m for one year of work?

Is it the business or the CEO that earns the return for shareholders?

The Board of Directors is responsible for this outcome.

The Board of Directors represent the shareholders that own the business (that’s us) and it is they that approve the remuneration policy of the CEO.

Click for table.


At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.

Share this post