ANZ slashes outgoing CEO’s bonus again


ANZ outgoing CEO Shayne Elliott. — Bloomberg

MELBOURNE: ANZ Group Holdings Ltd has withdrawn some more of outgoing chief executive officer Shayne Elliott’s compensation after acknowledging a resolution to grant him stock was likely to be voted down by shareholders at its annual general meeting.

It’ll mean he forgoes about A$2.3mil or about US$1.4mil on top of A$1.1mil he already lost.

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