NAB chief takes $1m pay cut

National Australia Bank chief is the lowest paid boss of the big four banks with a remuneration package of $7.76m

National Australia Bank (NAB) chief executive officer Cameron Clyne's annual pay has dropped by more than $1 million to $7.76 million.

The fall, from $8.78 million in the previous year, was caused by a slightly lower cash bonus, and a smaller value of shares being awarded to the chief executive.

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