Qantas's Alan Joyce Is Asia Pacific's Best-Paid Airline CEO
- Compensation almost doubles to $19.7 million for 2016-17
- Raise follows successful turnaround, quadrupling of shares
The Qantas Airways Ltd. logo is displayed on the tails of aircraft at the domestic terminal of Sydney Airport in Sydney, Australia, on Tuesday, Feb. 19, 2013. Qantas Airways is scheduled to announce half-year earnings on Thursday, Feb. 21.
Photographer: Ian Waldie/BloombergThis article is for subscribers only.
Qantas Airways Ltd. Chief Executive Officer Alan Joyce’s compensation almost doubled in the latest financial year after he helped revive the faltering Australian carrier.
The total package for Asia Pacific’s best-paid airline executive surged to A$24.6 million ($19.7 million) in the 12 months through June 30, from about A$13 million a year earlier, according to the company’s annual report released Friday. His base pay remained unchanged at A$2.1 million.