Telstra CEO cops $600k pay cut after outage
Telstra CEO Vicki Brady's pay has been docked by more than $600,000 following last month's nationwide network outage that disrupted triple zero calls, payments and public transport. Despite the 20% bonus cut, Brady will receive $6.8 million, while the telco reports full-year profits up nearly 3% to $2.4 billion and refuses to rule out further price increases after two years of aggressive hikes. More than 30,000 customers have sought compensation, with Telstra distributing just under a million dollars in credits.See omnystudio.com/listener for privacy information.
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