ceo salaries

I feel about time this was placed into perspective as I believe the PEN thread is now suffering a very large dose of tall poppy syndrome.

Gus Simpson's salary is in the lower 10% of the top 100 companies in Australia, not uncommon amongst juniors. I won't even mention overseas companies as that will place Gus even lower. I don't begrudge his salary, I was against the performance shares inthe form presented.

In my role I earn about 40% of his salary and I am not a CEO. They take massive risks both in terms of time and reputation. Gus is not a high earning CEO.

One of the lowest salary earners in the top 100 companies in 2010 was Andrew Forrest.

"Fortescue Metals’ (now former) CEO, Andrew Forrest was again the lowest paid CEO in the S&P/ASX 100 (his fixed pay was $119,000 in 2010"

He is also the largest shareholder and now due to it a multi-billionnaire. Many canned his share incentives in the early days as well and he wasn't as low paid then.

In perspective, BHPB is a massive company that would succeed even if I sat in the chair. Kloppers has made massive blunders in the last 3 years and is one of the highest paid in Australia and overseas.

Have a read.

http://www.acsi.org.au/images/stories/ACSIDocuments/ceo_pay_in_the_top_200/acsi_ceo_pay_in_the_top_100_companies_2010.pdf


Really tired of the ongoing rubbish about his salary.