11 hours ago
- Business
- AU Financial Review
Top executives see take-home pay stagnate amid golden parachute slump
The take-home pay of the country's top 100 chief executives has largely flatlined over the past decade, pushed lower by a slump in multimillion-dollar golden parachutes, research commissioned by super funds shows.
The highest-paid chief executive in Australia was outside the ASX 100 – Victor Herrero, recently departed from Lovisa, the fast-fashion jewellery chain backed by billionaire Brett Blundy. The study also included those based in the United States, with News Corporation's Australian chief executive Robert Thomson topping the list with $41.9 million.