Amcor Limited
(ASX:AMC) has sent former CEO Ken MacKenzie off with a $22 million golden handshake.
Mr MacKenzie spent 10 years at the helm of the packaging giant implementing a restructure that lifted the company’s market cap from around $6 billion to the $17 billion it is worth today.
In an annual report released yesterday it was revealed Mr MacKenzie received US$16 million which included more than US$6 million in share-based incentive payments that were converted to cash.
Amcor reported a net profit of $922 million for the 2015 financial year.
