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The Guardian - AU
The Guardian - AU
National
Ben Butler

Afterpay co-founders take home record $264m as Australian executive pay bounces back

Afterpay Australia Nick Molnar United States ACSI BNPL
Afterpay co-founder Nick Molnar
Nick Molnar and his Afterpay co-founder Anthony Eisen shared a $264m pay packet last year as executive remuneration rebounded after Covid. Photograph: Evan Agostini/Invision/AP

The two chief executives of buy now, pay later (BNPL) company Afterpay, Anthony Eisen and Nick Molnar, shared a record $264m pay packet last year as remuneration for Australia’s top corporate brass rebounded following the Covid-19 pandemic.

Chief executive bonuses, which had been kept down amid market turmoil during lockdowns, rebounded from a record low of 31% of base pay in 2020 to a record high of 76.7% in 2021.

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