Originally Posted by
Beagle
Yes I see what you're saying. Just under $3m is a LOT for a company making well under $100m and quite possibly is leading the pack on that basis.
Similar sized level of profit was SUM and our man Julian Cook only just "scraped by" on just over $1m and made more money with vastly higher growth !
I think its an industry problem. The real issue is you have these Australian bank CEO's earning far more (despite presiding over extremely dodgy activities), so when the executive remuneration committee meets they have GREED as their only relative measure in the sector.