He did not receive a rise. He was not in the top 300 CEO salary packages in Australia recent report. It is not some bonus on top of fair pay - it is part of his salary contingent on delivering shareholder value. The size of his job had doubled past year due to expansion. ASA monitor rep acknowledged that a bank head might earn $12m for doing a quarter of the work.
Those are the facts.
SGH Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held