Qantas paid former CEO Alan Joyce $21.4 million last financial year

Qantas Withholds Some of Ex-CEO Joyce’s Payout After Controversy

Qantas Airways Ltd. will potentially claw back up to A$14.4 million ($9.3 million) of former Chief Executive Officer Alan Joyce’s payout after the airline was found to have illegally sacked 1,700 staff and sued for selling tickets on already-canceled flights.

Former Qantas CEO Alan Joyce paid $21.4 million in last financial year, $14.4 million subject to clawback by airline's board

Former Qantas CEO Alan Joyce was paid $21.4 million in the last financial year, but more than half could be subjected to a clawback by the airline's board.

Irishman Alan Joyce takes almost 900% pay rise as he exits Qantas, but bonus cut amid scandals

Airline reducing and withholding bonuses as it battles damaging lawsuits

Qantas withholds millions from former CEO Alan Joyce

Qantas has withheld $2.2 million from former CEO Alan Joyce as the consumer watchdog investigates the selling of cancelled flights.

Qantas ex-CEO takes 900% pay rise, but bonus cut amid scandals

Alan Joyce, who retired early this month after a regulator lawsuit accused Qantas of selling tickets on thousands of already-cancelled flights, took home A$21.4 million in the 2023 financial year, according to the company's annual report, published on Wednesday. Most of the amount was share-based incentives that Joyce was allowed to cash in after they vested, according to the report. Joyce's total pay for the previous year was A$2.3 million.

Ex Qantas CEO Joyce saw pay increase by 872% to $21.4m

Australia's Qantas Airways said its former CEO took a pay increase of 872% as he collected years' worth of long-term incentives on the way out, but added it was cutting and withholding hefty bonuses amid damaging lawsuits.