Australia: CEOs take record hit on bonuses

Bonuses of blue-chip company bosses took the biggest hit on record last year, with nearly a third of ASX 100 CEOs receiving no annual boost to their base salary. Some 31 ASX 100 chiefs received no annual bonus in 2020, double the number from the year before. Among them were those running businesses savaged by the coronavirus pandemic, including Alan Joyce of Qantas, Geoff Culbert of Sydney Airports and Graham Turner of Flight Centre.

CEOs take record hit on bonuses

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