Bank Boards remunerate their CEO's to lead and manage their businesses. But when asked during the most recent round of Annual General Meetings about how the remuneration of CEO's impacts the culture of their banks. Their response was telling.
Listen below and make up your own mind if these Chairman even know what they are paying for?
Listen to what FSU National Secretary Julia Angrisano had to ask the Westpac and ANZ boards at their 2016 AGM's
Listen to what FSU National Assistant Secretary Geoff Derrick had to ask the CBA and NAB boards at their 2016 AGM's