A Woman Is Now The Highest Paid Banking CEO In Aus So Let’s Go Girls

Macquarie Group Appoints Female CEO Who Is Now Highest Paid In Australian Banking

Despite thankfully diminishing but still very loud protests that pay inequality is just a thing made up by conspiracy theorists, it’s still a thing that definitely exists, but shouldn’t. The Australian Government found that as of February this year we still have a 15.3% pay gap, and no it’s not because we make babies or have easier jobs, thank you very much.

Well, bow down bitches because Shemara Wikramanayake just became the new CEO of Macquarie Group striking a hard blow at the glass ceiling. She’ll now be Australia’s highest-paid CEO in banking and I 100% applaud her for smashing the patriarchy.

After joining the group back in 1987, Wikramanayake told Finacial Review she’s pretty stoked on the new gig and is ready to “build on [current but soon-to-retire CEO Nicholas Moore]‘s remarkable legacy for the benefit of all our stakeholders.

Macquarie Group is known for paying more than all other Aussie banking institutions. In fact, according to Business Insider Moore came in as the second highest paid CEO for any of Australia’s ASX 100 (which is fancy talk for ‘really fucking rich’) companies. He brought in a tidy realised pay of over $25 million. Number 8 on the same list and second highest of all banks was CommBank‘s CEO Ian Narev at just over $12 million.

TWENTY. FIVE. MILLION. DOLLARS.

Not going to lie, trying to understand how their salaries are worked out has mildly done my head in, but from what I understand this pay includes a bunch of bonuses and shiz with a lower base pay that for Moore STILL SITS HAPPILY UP NEAR 20 MILLION as of last financial year. So in my unprofessional opinion, it seems safe to conclude that Ms Wikramanayake will be doing pretty damn well for herself.

I don’t even know what else to write because I am literally just in shock that people earn that much money and I’m over here having cereal for dinner.

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