Afterpay's co-CEOs and founders Anthony Eisen and Nick Molnar are Australia's highest-paid executives, collecting a combined $264.2 million – together they earn more than 2,800 times the full-time average wage.
Afterpay's co-CEOs and founders, Anthony Eisen and Nick Molnar, are Australia's highest-paid executives, collecting a combined $264.2 million — together, they earned more than 2,800 times the full-time average wage.
Most of this was due to the vesting of large equity grants, accompanied by very strong share price growth. by US payments giant Square, Mr Eisen's and Mr Molnar's personal fortunes have substantially lifted, with the pair taking stakes in Square worth about $2.7 billion . Two additional ASX200 chief executives realised pay of more than $20 million – Goodman Group's Greg Goodman, at $37.1 million , and Netwealth co-CEOs Michael & Matthew Heine with $25.85 million.
Where the median bonus received in 2020 was just 30 per cent of potential maximum, it shot up to a record-breaking 76.7 per cent in 2021 – the highest in the seven years since ACSI began publishing its reports. Solomon Lew's Premier Investments got paid a total of $87 million in JobKeeper payments and after much public discontent thatSteadfast was another company that was a recipient of JobKeeper, getting a total of $3.6 million.
It notes that the now-former chief executive of Premier, Mark McInnes, received cash pay of at least $4.5 million from 2016 to 2021.
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