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Qantas boss Joyce snares $24.6m payday

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September 15, 2017

Qantas CEO Alan Joyce is one of Australia's best-paid bosses ever after securing a $24.6m paypacket.

Qantas boss Alan Joyce's annual pay has soared to $24.58 million after he successfully steered the carrier's turnaround.

The Qantas chief executive's total remuneration for 2016/17 increased 90 per cent on the $12.96 million he made the prior year as the more than doubling in Qantas's share price fuelled a surge in the value of performance-based share entitlements

Mr Joyce's base pay was steady at $2.11 million but his paypacket was boosted by a $1.8m cash bonus and $6 million in vesting performance awards while the value of long term share-based incentives jumped from $3.16 million to $14.49 million.

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