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The Guardian - AU

Business

Luca Ittimani and Josh Taylor

Telstra CEO gets $700,000 pay rise to $6.8m despite Australia-wide outage

Telstra Vicki Brady

Telstra CEO Vicki Brady has received a pay rise despite her bonus being docked following a national mobile outage. — Telstra CEO Vicki Brady has received a pay rise despite her bonus being docked after a national mobile outage. Photograph: Mick Tsikas/AAP

Telstra has paid its chief executive, Vicki Brady, $6.8m for the year ending in June, after docking 20% of her bonus in response to the network’s nationwide outage in July.

The company reported financial results on Thursday. Its board met on Monday and decided to cut Brady’s bonus by $607,000 – but she still took home a $700,000 pay rise as she was awarded a total of $6.1m the year before.

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