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.
   

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.