Chief executive Alan Joyce has foregone his salary for six months and said the situation remains hard to predict. Alan Joyce was appointed Chief Executive Officer and Managing Director of Qantas in November 2008. In addition, upper management and board members will be taking a 30% pay cut. This page was last edited on 25 June 2020, at 09:34 (UTC).

Qantas boss Alan Joyce has defended his staggering $24 million annual salary, a day after he was revealed as Australia’s top-earning chief executive officer. Reply Qantas chief executive Alan Joyce took home a realised pay of $23.88 million in the 2018 financial year. Alan Joseph Joyce is Chief Executive Officer, Managing Director and Executive Director of Qantas Airways Limited. Qantas Chief Executive Alan Joyce speaks during a press conference in Sydney, Thursday, June 25, 2020. However, Mr Joyce’s massive salary pales in comparison to last year’s top earner — Mr Meij — who took home a massive $36.84 million in the 2017 financial year, according to ACSI. Last updated: 1 June 2020 at 11:00am EST.

The board will take a 30 per cent reduction in fees as will the executive management, and annual management bonuses have been set to zero. Source: AAP .
Alan Joyce was asked to justify his whopping salary at the National Press Club today. Alan Joyce gives up part of his salary as Qantas slashes overseas flights. United Airlines CEO Scott Kirby: An SEC filing states that Kirby’s salary cut began on March 10 and will go through the end of the year. Alan Joyce Image credit: Wikipedia The CEO of Australian flag carrier Qantas will forgo his salary for the rest of the financial year, a company statement said. He is joined by chairman Richard Goyder and has said that upper management and board members will be taking a pay cut of 30%. Alan Joseph Joyce, AC (born 30 June 1966) is an Irish businessman. ... Jul 8, 2020; Lucas Baird; Aviation; JobKeeper future in focus as airlines grapple with border closure. Alan Joyce is 53, he's been the Chief Executive Officer, Managing Director, and Executive Director of Qantas Airways since 2008. Qantas chief executive Alan Joyce topped the list of Australia's highest-paid chief executives for 2018. Qantas CEO Alan Joyce will take no salary for the remainder of the financial year, while the Qantas chairman will take no fees. markiiee90 March 22, 2020 10:51 am So many jealous, envious, unemployed people in the comments who will never earn anything close to his $25 mil salary in a whole lifetime so they need to rant and bash alan joyce on youtube haha! This is yet another measure taken by QF to help mitigate the significant adverse impact of COVID-19 on passenger demand and financial performance, as the Group has already cut long-range capacity to reduce costs. Alan Joyce Net Worth Alan Joyce biography. He gave an interview to GQ magazine in which he said his salary was still conservative. Qantas CEO Alan Joyce: Joyce will take none of his AU$23m ($15.5m) salary for the rest of the year. In addition, upper management and board members will be taking a 30% pay cut. He took home $23.9 million as he reaped the rewards of a long-term incentive plan - which is more than 275 times the full-time average wage and works out to more than $65,000 a day. This is yet another measure taken by QF to help mitigate the significant adverse impact of COVID-19 on passenger demand and financial performance, as the Group has already cut long-range capacity to reduce costs. Mr Joyce will share the pain by accepting no salary for the rest of the financial year and no annual bonus, a move expecte­d to cost him about $2.3m. ... Qantas boss Alan Joyce defends obscene salary . 2 minutes to read . The oldest executive at Qantas Airways Limited is Richard Goodmanson , 72, who is the Independent Non-Executive Director. MIAMI – Qantas (QF) CEO Alan Joyce will sacrifice his AU$23m ($15.5m) salary for the rest of 2020. A Jetstar pilot says the $24 million salary Qantas boss Alan Joyce is paid makes his 'blood boil'..

Qantas chief Alan Joyce will not take a salary in FY20. 18 Sep, 2019 3:55pm . Read Next MIAMI – Qantas (QF) CEO Alan Joyce will sacrifice his AU$23m ($15.5m) salary for the rest of 2020.