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

Qantas board urged to withhold bonuses of Alan Joyce and senior executives

Observers have noted that the most straightforward way of docking the outgoing CEO, Alan Joyce’s remuneration would be withholding about $4m in bonuses.
Observers have noted that the most straightforward way of docking the outgoing CEO, Alan Joyce’s remuneration would be withholding about $4m in bonuses. Photograph: Joel Carrett/AAP

Alan Joyce and senior Qantas executives should have millions of dollars in bonuses withheld, its board has been urged after the airline conceded its reputation has been flamed and as momentum builds to investigate the airline’s special relationship with government.

The Australian Shareholders’ Association chief executive, Rachel Waterhouse, said that if the company is serious about restoring public trust after the surprise launch last week of legal action by the consumer watchdog there needed to be a more immediate response from the airline’s board.

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