CEO Salaries Dropping but Bonuses Still Guaranteed: Report

This year’s annual survey of CEO remuneration by activist shareholder group, the Australian Council of Superannuation Investors (ACSI) shows that the salaries of leaders of the ASX200 companies have fallen. However, bonus payments have become the norm, with only two bosses failing to take home a substantial payout. The study tracks “realised pay”—the value of cash and equity that CEOs received—instead of “reported pay,” which ACSI says gives “a more accurate reflection of financial outcomes.” On that measure, CEO incomes have fallen marginally. Among the top 100 companies, median CEO pay fell from $3.93 million (US$2.66 million) to $3.87 million (US$2.61 million), the lowest in the 10 years the ACSI study has collected realised pay data....