Half the ASX’s highest-paid CEOs lead US-based companies
New research from the ACSI reveals that half of the top 10 highest-paid CEOs on the Australian stock exchange lead US-based companies. Life360 CEO Chris Hulls topped the list with a $47.7 million pay package.
Why it matters
The trend highlights a growing disparity in executive compensation standards between Australian and US corporate cultures, raising questions about market competitiveness.
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Share A A A Half of the 10 highest-paid chief executives on the Australian stock exchange lead companies which are based in the United States.
New research released on Tuesday by the Australian Council of Superannuation Investors (ACSI) shows that while pay levels for chief executives continued to plateau last financial year, thanks to heightened scrutiny from investors and boards, bosses of companies domiciled in the US were paid the biggest salaries for the first time in the study’s history.
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