Stock Market News

Qantas’ board decides to cut former CEO Alan Joyce’s 2023 pay

08/07/2024

Less than a minute

2024.08.07 19:26

(Reuters) – Qantas Airways said on Thursday its board had decided to cut former CEO Alan Joyce’s fiscal 2023 pay by A$9.26 million ($6.03 million).

© Reuters. FILE PHOTO: Alan Joyce, Chief Executive Officer of Qantas, speaks with members of the media at an event celebrating Qantas' 100th birthday at Sydney Airport in Sydney, Australia, November 16, 2020. REUTERS/Loren Elliott/File Photo

Joyce, who retired in September 2023, took home A$21.4 million in the 2023 financial year, according to the company’s annual report.

($1 = 1.5347 Australian dollars)

08/07/2024

Less than a minute

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