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CBA CEO Matt Comyn’s $500,000 pay rise depite profit plunge – NEWS.com.au

CBA CEO Matt Comyn’s $500,000 pay rise depite profit plunge

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Commonwealth Bank of Australia executives enjoyed generous pay rises in the last financial year despite the fact the banks cash profits have plunged.According to ASX documents seen by news.com.au, chief executive Matt Comyn was paid a total of $3,896,243 in the 2020 fiscal year.
Of that staggering sum, $3,410,000 was take-home pay while $486,243 was deferred equity awards, although he forfeited more than $1.3 million in earlier deferred payments for falling short of certain “performance, risk a…

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