Alan Joyce has received $21.4 million in pay for his role as Qantas chief as his time at the company comes to an end.
Qantas’ Annual Report for 2023 outlined that Mr Joyce would receive the eye watering sum for his work as chief executive in 2022-23 on Wednesday.
However, up to $14.4 million has been withheld as the company waits for more detail from an Australian Consumer and Competition Commission investigation.
However, up to $14.4 million has been withheld as the company waits for more detail from an Australian Consumer and Competition Commission investigation.
Mr Joyce’s salary has come under the microscope in the past 12 months as the flying kangaroo battles backlash from customers and the consumer watchdog.
The company posted a record $2.47 billion in underlying profit for the last financial year.
More to come.
