CPA CEO Alex Malley
An epic six-month solo effort by The Australian Financial Review’s enfant terrible, Joe Aston, has led to a tidal wave of disgust flowing towards CPA boss, Alex Malley. Last Friday, the AFR splashed across its front page that Malley was paid $1.79 million last year to administer CPA Australia, a membership group of accountants with only 460 staff. That’s more than three times what the Prime Minister of Australia is paid. To make matters worse, Malley’s fellow executives, Adam Awty and Jeff Hughes each took home more than $900,000 each last year. This made the CPA executive team, which employs a relatively tiny number of staff, one of the highest paid in the country.