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Pay cut × Sydney Morning Herald Biz ×

Sydney Morning Herald Biz • May 09, 2025

Macquarie chief’s pay cut to $24m as ‘millionaires’ factory’ rakes in $3.7b

Macquarie's recent profit announcement highlighted substantial earnings alongside a reduction in the chief executive's compensation to $24 million, reflecting ongoing financial gro...

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Sydney Morning Herald Biz • May 09, 2025

Macquarie chief’s pay cut as bank rakes in $3.7 billion

Despite the company generating substantial earnings of $3.7 billion, the chief executive’s compensation decreased due to a board decision to lower the portion of profits allocated...

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