Telstra CEO Receives Pay Rise Despite Australia-Wide Outage

Telstra's CEO received a $700,000 pay rise, bringing his total to $6.8 million, even as the company's board cut senior executive bonuses by $1.3 million following a major Australia-wide outage that affected millions.

13 Aug, 02:16 — 13 Aug, 02:16

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The GuardianMostly Factual3d ago

Telstra CEO gets $700,000 pay rise to $6.8m despite Australia-wide outage

Telco board cuts senior executive bonuses by total $1.3m after tech fail that affected millions Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Telstra has paid its chief executive, Vicki Brady, $6.8m for the year ending in June, after docking 20% of her bonus in response to the network’s nationwide outage in July. The company reported financial results on Thursday. Its board met on Monday and decided to cut Brady’s bonus b...

By Luca Ittimani and Josh Taylor

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Telstra CEO Receives Pay Rise Despite Australia-Wide Outage

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Telstra CEO gets $700,000 pay rise to $6.8m despite Australia-wide outage

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