The former market darling has bowed to shareholder pressure and amended its departing chief’s retirement benefits, writes Adam Schwab.
Executive remuneration
Banker bonus restrictions: bad for business
While Main Street is revolting against lavish remuneration showered upon executives and investment bankers, some of the actions being taken by legislatures could be causing more harm than good, writes Adam Schwab.
Your Say: Daily Mail readers' feedback: Bankers’ bonuses are not entirely evil. However…
Crikey readers argue that bankers’ bonuses are indeed inflated: “It is misleading to compare bonuses in the financial sector to commissions for salespeople. Salespeople cannot expose their employer to the risk that traders can.”
Directors’ duty to rein in CEO pay
For our well regarded chief executives, the ability to bluff is a skill which is seemingly not possessed, writes Adam Schwab.
Kohler: rich payouts and poor politics
Australians are being very poorly served by their politicians at present. They are consumed by combat and we are being spiflicated by spin, writes Alan Kohler.
Curbing golden handshakes: nothing succeeds like failure
The Federal Treasurer yesterday announced long-awaited reforms aimed at curbing excessive “golden handshakes”, writes Adam Schwab.
Government holds the line on golden handshakes
The rising tide of criticism of executive remuneration has left the Government exposed, writes Bernard Keane.
Strange days when Rodney Adler starts making sense
It is a bizarre state of affairs where the person making most sense about executive excess is a convicted corporate criminal who was involved in the collapse of one of Australia’s largest insurers, writes Adam Schwab.
Why Albrechtsen is wrong on executive pay
For a former commercial lawyer, Albrechtsen shows a surprising lack of business awareness, writes Adam Schwab.
Albrechtsen defends the indefensible: executive salaries
Who would dare to defend multimillion dollar executive remuneration? Why, Janet Albrechtsen, of course, writes Jeff Sparrow.
A bit rich: Australia’s CEO payout shame
As the sharemarket tumbles, it appears that directors have been reluctant to shown any restraint in their massive payments to outgoing exeuctives, writes Adam Schwab.
The remarkable remuneration of Suncorp’s John Mulcahy
Why is outgoing Suncorp CEO John Mulcahy still on the board of the Future Fund? Asks Bernard Keane.
Time for a high income super tax?
Regulation is easier said than done, writes Bernard Keane.
Golden parachute for former PacBrands CEO; 1850 sackees not so lucky
The amount paid to former Pacific Brands CEO Paul Moore in his last 18 months at the company would have kept 130 low-paid Pac Brands workers employed for a whole year, writes Adam Schwab.
Rudd tackles executive remuneration: does nothing
Fear not executives, your multi-million dollar short-term bonuses are far safer than your investors’ capital, writes Adam Schwab.
The great CEO salary swindle
The true genius of the modern-day CEO is their ability to boost their pay by spruiking their own ‘executive’ brand, writes Adam Schwab.
‘Skin in the game’ means Centro executives hurting just as much as shareholders
While shareholders won’t be happy with Centro’s collapse, a degree of credit should be given to the Centro board for its executive remuneration structure, writes Adam Schwab.
Telstra cops whack from shareholders over remuneration report
Telstra’s board has been given an almighty whack by shareholders, with more than 66 percent of them casting a non-binding vote against the company’s poorly disclosed remuneration report, writes Adam Schwab.
