Australian News / 22 December 2023
Show me the money
Two women have made the cut in the latest Financial Review list of Australia’s 50 highest-paid CEOs (paywall). Women are few in number, but Macquarie Group’s Shemara Wikramanayake claimed the top spot – she’s now been the country’s highest-paid CEO for 3 years, taking home $30 million (up 30% on last year). It’s worth noting Wikramanayake was out-earned by another senior executive at Macquarie who pocketed a sweet $57.6 million last year. The only other female CEO on the list is Meg O’Neill at Woodside – she came in at #25 with a salary of $6.7 million. Another observation is that it’s been a tough year for our corporate top dogs – CEO pay has fallen for the top 300 companies for the first time since 2019. But don’t feel too sorry for them – if you’re last on the list in the #50 spot, you’re still earning more than 50 times the average worker…
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