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The Guardian - AU
The Guardian - AU
National
Elias Visontay and Jonathan Barrett

Former Qantas chief Alan Joyce paid $21.4m for final full year in charge

Former Qantas chief executive Alan Joyce
The extent of Alan Joyce’s pay packet has come under intense scrutiny in recent weeks, as the airline was hit with a series of sagas that saw him bring forward his retirement as CEO. Photograph: Joel Carrett/AAP

Former Qantas CEO Alan Joyce has been paid $21.4m for his final full year in charge, despite stepping down early amid a reputational crisis that saw the airline suffer an “acute loss of trust from the community”.

The pay could have been higher, with the airline withholding bonuses and flagging that it might try to retrieve a total of $14.4m in additional remuneration Joyce was in line for as the board considers clawback provisions over various sagas, Qantas revealed as it released its 2022-23 annual report on Wednesday.

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