The Bank of Queensland CEO Anthony Rose to get $1m

Company News

by Rachael Jones

The Bank of Queensland (ASX:BOQ) has finalised the remuneration arrangements for Anthony Rose, Interim CEO, to reflect the additional duties he has assumed since the recent resignation of Jon Sutton as Managing Director & CEO.

His wages will increase from $720,000 per annum to $1,000,000 per annum (including superannuation).

Mr Rose’s revised remuneration will be effective from 6 December 2018 and will continue until a permanent Managing Director & CEO is appointed.

Shares in The Bank of Queensland (ASX:BOQ) closed 0.21 per cent higher at $9.47 yesterday.
   

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?