Deloitte Australia CEO admits to being overpaid

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Finance Finance Headlines News

Deloitte Australia CEO admits he isn't worth his $2.3 million pay package in a public hearing over salaries and misconduct at consultancy firms

The CEO of Deloitte Australia admitted to being"incredibly privileged" for his hefty $3.5 million AUD pay packet at a public hearing on Monday, according toAdam Powick – who has served as CEO since April 2021 according to his LinkedIn – attended the hearing alongside three other Deloitte executives, where they were grilled about the integrity of the services provided to the government as well as employee misconduct and salaries.

Senator Barbara Pocock responded:"So, providing the number of people in million-dollar bands is something you're not comfortable giving to the Australian public given that last year you took $712 million AUD of public money?" The CEO, who reportedly earns $3.5 million AUD , was then asked by Pocock:"Are you really worth seven times the salary of the Australian prime minister?"

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What billionaires and CEOs are wearing at 2023 Sun Valley conferenceDecoding billionaire style at this year's Sun Valley conference: It's all about half zip sweaters, muted tones, and On shoes.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why Gen Z advocates for flexibility in the workplace: mental healthInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

I left LA for Indiana and I love it — here's what it's likeMy wife and I left Los Angeles for Indiana. Our rent was cut in half, we enjoy a better quality of life, and I'm part of a vibrant tech ecosystem.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Striking actors say producers proposed day's pay for AI scanWould you let movie studios use an AI likeness of you in exchange for a day's pay? That's what striking actors say was offered to them.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tesla owners break down the perks of owning the electric carInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Secret Netflix, Prime, Apple and Spotify benefits subscribers getInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »