westpac ceo salary

I can't think of any. Mr King had been chief financial officer prior to being chosen as acting chief executive in November, when former boss Brian Hartzer stepped aside amid the bank's money laundering and child exploitation scandal. Approves of CEO. Salaries; Interviews; Search. Contact media relations. You're doing just fine on your own. Experience. Diversity & Inclusion at Westpac Group. 1,155 Westpac Group reviews. Awesome team and co-workers. Westpac New Zealand 2020-09-28 01:05 PDT. Westpac chairman Lindsay Maxsted will bring forward his retirement to the first half of 2020. Published: November 26, 2019 11:47 Bloomberg. Great benefits Great team Health insurance. Long-term Westpac (ASX: WBC) executive Peter King (pictured) has been appointed CEO today for a period of two years. 1,155 Westpac Group reviews. 2019-11-26 03:51:15. A free inside look at company reviews and salaries posted anonymously by employees. Journalists with media enquiries can contact a member of the media relations team: Phone: +61 2 8219 8512 Email: westpacmediarelations@westpac.com.au If you have a media enquiry for Westpac economists, please contact: Emily Cadman. Westpac CEO Hartzer Resigns Amid Money-Laundering Scandal By . View All num of num Close (Esc) Westpac New Zealand Interviews. Westpac has hired Guilherme Lima as chief executive of its new restructured Business division, to start later this year. Experience 27 Ratings. I worked at Westpac New Zealand full-time (Less than a year) Pros. 1.4k Salaries. November 26, 2019. Westpac New Zealand provides online banking, everyday transaction accounts, home loans & mortgages, credit cards, foreign exchange, insurance, savings and investment solutions to … More than half of the FMA's 241 staff now earn over $100k. The average salary for Westpac Banking Corp employees in Australia is AU$90,795 per year. Gail Kelly (née: Currer) (born 25 April 1956) is a South African-born Australian businesswoman. 1.2k Reviews. Westpac chief Brian Hartzer was paid $6.7 million last financial year - less than its predecessor Gail Kelly, but still about 80 times as much as the average Australian worker. Chief executives at New Zealand's biggest companies got a pay rise of 3.3 per cent last year - the lowest increase since 2011. Mr King’s contract terms, including a base salary of $2.4m and the potential to earn an additional $2.4m in short-term bonuses, remain unchanged, except for the removal of the two-year term. 4.1 ★ ★ ★ ★ ★ (72 Reviews) Diversity & Inclusion FAQs. At the time of writing, our data says that Westpac Banking Corporation has a market cap of AU$101b, and reported total annual CEO compensation of AU$6.6m for the year to September 2018. The bank’s CEO, Brian Hartzer, was given 12 months’ notice and will still get his $2.7 million Australian dollar salary ($1.83 million). Finance Finance News Westpac CEO challenged over $5.5 million salary and incentives 10:00pm, Oct 11, 2018 Updated: 10:21pm, Oct 11 Westpac CEO Brian Hartzer was … Pros. Westpac has cut bonuses for all of its tellers so they can focus on good service - but the bank's CEO will still get more than $1million added to his massive salary. Advice to Management. Cons. 18 Dec, 2020 04:00 PM 6 minutes to read. 282 … Is this your company? See All 127 Reviews. Westpac CEO Brian Hartzer has resigned over money-laundering scandal which has rocked the bank. I have been working at Westpac Group full-time for less than a year. We think total compensation is more important but we note that the CEO salary is lower, at AU$2.7m. Westpac CEO resigns amid scandal . Hartzer will be given 12 months' notice and paid out A$2.7 million in salary, but will forfeit all bonuses. By Alex Druce. Business Insider: FMA's growing army, Simon Power tipped as possible next Westpac CEO. 483 Jobs. 55 % Neutral. See All 1,359 Reviews. Mon … Ben Butler. Lima joined Westpac from HSBC where he was group head of wealth management and was previously group head of strategy in London and a partner at consulting firm McKinsey & Co. Bad air conditioning No parking Too much diversity. Mrs Kelly, CEO since February 2008, earned a total salary package of $9.17 million for the 2013 year, down from $9.6m last year, Westpac's annual report revealed today. A free inside look at company reviews and salaries posted anonymously by employees. 30 % Negative. Mr Hartzer was given 12 months' notice and will still get his $2.7 million salary, but forfeits up to $20 million in bonuses. King, who was appointed as acting CEO of Westpac in December 2019, has 25 years of experience at the bank. Positive. The bank allegedly failed to report more than A$11 billion in payments. Westpac has permanently appointed Peter King as chief executive on a $2.4 million salary with incentives. View All num of num Close (Esc) Westpac Group. CEO, chairman out at scandal-hit Westpac. Westpac chairman John McFarlane says Kings appointment will provide the necessary management sta Visit PayScale to research Westpac Banking Corp salaries, bonuses, reviews, benefits, and more! She is the former chief executive officer (CEO) of Westpac, stepping down from the role on 1 February 2015.She was replaced by Brian Hartzer, previously Westpac's financial services chief executive. Long-serving executive Peter King to take the reigns as CEO of Westpac Bank November 25, 2019, 4:06 PM EST Updated on November 26, 2019, 12:37 AM EST 4:35. A very kind and forward-thinking group. Westpac CEO Brian Hartzer Image by AAP/LUKAS COCH. westpac The highest paid banking executive last financial year was Westpac’s Brian Hartzer. He has been given a 12-month notice period and will be paid A$2.68m (£1.4m; $1.82m) salary during that time. Overview Overview. Westpac appoints new CEO on $2.4million a year to provide stability during the coronavirus crisis. But complex bonuses and incentive payments take CEO salaries – including Mr Hartzer’s – into the stratosphere. Approves of CEO. FILE PHOTO: Australia's Westpac Banking Corp's Chief Executive Officer (CEO) Brian Hartzer speaks during a media conference in Sydney, Australia, November 6, 2017. According to our data, Westpac Banking Corporation has a market capitalization of AU$98b, and pays its CEO total annual compensation worth AU$6.6m. (This is based on the year to September 2018). Photograph: Lukas Coch/AAP. Cons . management change. Will forfeit All bonuses next Westpac CEO says Kings appointment will provide the necessary management sta 1,155 Group... 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