7 . GAIL KELLY , WESTPAC : $ 10.98 MILLION
TOP 10 HIGHEST PAID CEOS
Michael Smith
banks , with 47,000 employees in 33 countries . Since 2007 , Smith has guided the organisation with his knowledge from over 30 years in the financial industry . He received a nearly 4 percent pay rise in 2014 , totalling $ 10.7 million , which included bonus payments .
Smith is known for an emphasis on technology and recently commented on the watering down of gender reporting in the workplace , saying that it could reduce diversity in the workplace .
7 . GAIL KELLY , WESTPAC : $ 10.98 MILLION
Gail Kelly has an impressive C . V . As the 56th-ranked most powerful woman in the world ( according to Forbes ), Kelly is responsible for doubling the revenue of Westpac during her tenure , which saw her has the first female executive of a major Australian bank . Her goal to have 40 percent of leaders in her company be women was met early , so she recalibrated the goal to get to 50 percent by 2017 . Although she won ’ t be at the company to see if her goal gets met — she ’ s retiring this year — her successor has announced he will uphold her goal .
Gail Kelly
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