Pay drops for top bank bossesSUPPLIED David McLean's multi-million-dollar pay cheque was marginally smaller this year. Two New Zealand bank bosses have taken a pay cut. Westpac's annual report shows its New Zealand chief executive, David McLean, earned A$2.1 million ($2.3m) in the year ended September 30. ANZ's New Zealand chief executive David Hisco's pay was also down slightly, at $4.27m this year. She said it could be that the portion of his pay that was tied to performance indicators had changed.

Source: Stuff November 08, 2017 03:45 UTC