Qantas boss Alan Joyce’s pay plunged 77 per cent to $2.27 million last financial year after executive bonuses were canned on the back of massive COVID disruptions over the past two years.
Mr Joyce took home $9.99 million in FY19 boosted by performance bonuses as Qantas’s stock soared to all-time highs of $7.34 up from $1.57 when he took charge in 2009.
Overall Qantas executive take-home pay in FY22 was 64 per cent lower than pre-COVID levels according to the airline’s Annual Report issued today.
The airline’s executives also received no bonuses for the third year running.
Going forward executive pay will hinge more read more ⇒