Telstra CEO gets $700,000 pay rise to $6.8m despite Australia-wide outage
Telco board cuts senior executive bonuses by total $1.3m after tech fail that affected millions Follow our Australia news live blog for latest updates Get
Telco board cuts senior executive bonuses by total $1.3m after tech fail that affected millions Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Telstra has paid its chief executive, Vicki Brady, $6.8m for the year ending in June, after docking 20% of her bonus in response to the network’s nationwide outage in July.
The company reported financial results on Thursday. Its board met on Monday and decided to cut Brady’s bonus by $607,000 – but she still took
home a $700,000 pay rise as she was awarded a total of $6.1m the year before. Continue reading...
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