The Warehouse Group chief executive Nick Grayston was paid $3.3 million in the 2020 financial year. The head of The Warehouse Group pocketed an extra $1.4 million in the 2020 financial year as the company prepared to shed hundreds of jobs. He also collected $471,000 from a short-term incentive payment for the 2019 financial year, paid this year, taking the total to more than $3.3m. In 2019 Grayston was paid $1.9m, including a base salary of $1.4m. The group – which includes The Warehouse, Warehouse Stationery, Noel Leeming, Torpedo7 and online website TheMarket.co.nz – is a major employer with around 11,000 staff.

Source: Stuff October 17, 2020 02:26 UTC