Buy Hold Sell: 4 stocks with Australia’s highest paid CEO’s
This article/video was produced by Livewire Markets and published on 12 November 2021.
With only seven weeks left of 2021, Australians have much to look forward to.
Flowing food and drinks at work Christmas parties, another New Year’s night to remember (or forget), a well-deserved break after this hell of a year, and of course, for the lucky few, an annual salary bump.
So in this episode, we’re taking a look at some of the companies with Australia’s highest-paid CEOs to see if their shareholders were rewarded too.
While many Australian chief executives didn’t take home a bonus in FY20, the value of their annual salaries and vested equity interests are sure to turn investors an enviable shade of green.
According to the Australian Council of Superannuation Investors, CSL’s Paul Perreault enjoyed a realised pay of more than $43 million during the financial year. Similarly, Macquarie Group CEO Shemara Wikramanayake, Woolworths CEO Brad Banducci and former Ansell CEO Magnus Nicolin received handsome paychecks.
Livewire’s Ally Selby is joined by Pengana’s Rhett Kessler and Alphinity’s Stuart Welch for these fundies thoughts on the future prospects of these burgeoning businesses. And spoiler alert, two stocks, in particular, have caught both of our fundies their attention.
Note from Livewire: This episode was filmed on Wednesday, 10 November 2021. =Ally refers to FY21 in this video, however, these realised pays were from FY20. We are sorry for any inconvenience this causes.