New chief postie to get half the pay of her predecessor

Original article by Glenda Korporaal
The Australian – Page: 4 : 28-Jun-17

Australia Post’s incoming CEO Christine Holgate will receive a base salary of $A1.375m when she takes the helm in October. She will also be entitled to performance bonuses, although her remuneration will be well below that of current CEO Ahmed Fahour. Holgate’s salary as CEO of Blackmores is around $A3m, and she says the issue of pay had not been raised in her discussions with Australia Post’s board. Chairman John Stanhope says Holgate was the "outstanding candidate" among those considered for the role.

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AUSTRALIA POST, BLACKMORES LIMITED – ASX BKL, TELSTRA CORPORATION LIMITED – ASX TLS, COLLINGWOOD FOOTBALL CLUB, AUSTRALIAN FOOTBALL LEAGUE

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