An interesting article about the comparative salaries of Geoff and Jayne - to the 3 or 4 posters still living in the '50s, you could only wish to have such a successful business career as our new CEO has had to this date.
Qantas down 3.2%, A2M up 3.4% on the news!
Jayne's addiction
Qantas has not even got around to changing its chairman, Leigh Clifford, for boardroom newcomer Richard Goyder - let alone contemplate replacing its CEO, Alan Joyce.
So is it any wonder that one of the airline's potential CEOs-in-waiting, Jayne Hrdlicka, has left to head A2 Milk less than a month after she took the role of Qantas Loyalty boss. Oh the irony.
At least we can rest assured she will almost certainly not be following the recent trend of the replacement CEO earning less money than the former incumbent..
Geoff Babidge's remuneration at A2 Milk last year topped $857,000.
Hrdlicka's actual remuneration at Qantas last year topped $8 million - almost double her pay from the previous year.
Babidge's real bonus though is the five million partly paid shares that were granted four years ago.
He needs to pay 64c for the shares which are now worth more than $7 - which will deliver him a windfall of more than $30 million.
As recently as 2015, the stock was worth less than 50c.
It will be hard for Hrdlicka to deliver the same sort of return given A2 Milk now has a market capitalisation of more than $5 billion. Qantas is currently worth $9 billion.
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