IDP Education CEO Andrew Barkla tops ACSI's list of highest-paid bosses in 2019
He's a CEO many of you have never heard of, but IDP Education's Andrew Barkla was the nation's highest-paid chief executive last financial year, taking away $38 million — that's about 420 times the average wage.
Key points:
For the first time, a CEO outside the ASX100 has topped the ACSI's list of the highest-paid CEOs
The report shows that even before the coronavirus crisis, fixed pay and bonuses for Australia's leading CEOs were edging down
But some buffer their wealth with cash. Over the past three years, three CEOs have collected more than $15 million in cash or cash equivalents
The company he heads places international students into Australian education and conducts English-language tests.
Pre-COVID-19, it had seen strong growth and Mr Barkla, who took home a big chunk of his remuneration in shares, reaped the benefits (he exercised options granted prior to the company's 2015 IPO).
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