Commonwealth Bank shareholders saw a 14% fall in their share-based payments (ie dividends) for the 2009 financial year. So why did CEO Ralph Norris end up with such a tasty slice of the pie?
Ralph Norris
Norris’s pay cut just a shrewd sales pitch
Commonwealth Bank CEO Ralph Norris is taking a 10% pay cut, but he’ll still be earning substantially more than his predecessor.
CBA determined to please its CEO
The Commonwealth Bank has decided to align its internal benchmarks with chief executive Ralph Norris’ personal bonus scheme, writes Andrew Crook.
