TECHNOLOGY SPECTATOR: Telstra's pay pinata
A review of Telstra's annual report reveals pay packets of top executives under David Thodey are a far cry from those dished out by Sol Trujillo, and may signal a more humble approach to salaries.
Technology Spectator
Telstra chief executive David Thodey appears to be taking a dramatically different approach to remunerating its top executives compared to his predecessor Sol Trujillo, with new executives coming on board over the past several years attracting pay packets millions of dollars less than those they are replacing.
Trujillo, who governed Telstra from mid-2005 through 2009, attracted a great deal of criticism from shareholders and the wider community for the high level of remuneration which he personally attracted from Telstra, as well as the pay packets earned by a number of executives he brought with him to the company, commonly known as 'the Amigos' due to Trujillo's Mexican descent and their often US origin.
Share this article and show your support
Call 1300 880 160
Start a chat
Schedule a call
