Business Chief APAC+ANZ Magazine April 2015 | Page 32

10 . RICHARD GOYDER , WESFARMERS : $ 9.4 MILLION
9 . SAM WALSH , RIO TINTO : $ 9.76 MILLION
8 . MICHAEL SMITH , ANZ : $ 10.7 MILLION
TOP 10
Richard Goyder
10 . RICHARD GOYDER , WESFARMERS : $ 9.4 MILLION
Goyder joined the board at Wesfarmers — the biggest privatesector employer in the country — in 2002 . If you shop for groceries in Australia , you ’ ve come across a few of the brands he oversees : Coles supermarkets , Liquorland , Vintage Cellars , first CHOICE liquor , Target , Kmart , Officeworks and the Bunnings home improvement chain . Goyder , managing director , saw his salary increase 9 percent this year .
9 . SAM WALSH , RIO TINTO : $ 9.76 MILLION
Walsh has been the director of Rio Tinto since 2009 and became CEO
early 2013 . Both Walsh and Rio Tinto ’ s chief financial officer Chris Lynch were awarded maximum points for the amount of free cash flow that was generated over 2014 — both lost points for safety , as there were two fatalities suffered during the year .
Last year Walsh saw over $ 1 million in benefits from Rio , and this year will be just as kind . With the mining giant ’ s remuneration system , Walsh is on track to earn between $ 3 and $ 15 million in 2015 .
Sam Walsh
8 . MICHAEL SMITH , ANZ : $ 10.7 MILLION
Smith might be leaving his job at ANZ at the end of 2016 , but that doesn ’ t mean this outspoken CEO is putting his feet up just yet . ANZ is one of the world ’ s top-15
32 April 2015