Archived News for Executives and Senior Management - May, 2011
BRW has published its 2011 Rich 200 list, with Hancock Prospecting’s Chairman Gina Rinehart, the first woman to top the list in its 28-year history, recording a personal worth of $10.3 billion.
Ms Rinehart has recorded the greatest level of personal wealth in Australia’s history after increasing her capital worth by $5.55 billion over the space of a year, becoming the first to ever top $10 billion in personal worth in the country’s history.
The top five of the list are as follows;
- Gina Rinehart - $10.3 billion
- Ivan Glasenberg - $8.8 billion
- Andrew Forrest - $6.1 billion
- Anthony Pratt - $5.18 billion
- Clive Palmer - $5.05 billion
The Productivity Commission is to undertake a study focusing on effective identification of regulatory reform opportunities and the evaluation of reform outcomes.
The federal government’s corporate law advisory council, the Corporations and Markers Advisory Committee (CAMAC), has announced its recommendation to only announce take-home pay packets for the nation’s executives.
Distinguished former head of the Sydney Opera House, the Australia Council and Sydney Theatre Company, Michael Lynch has landed the chief executive role of Hong Kong’s West Kowloon Cultural District Authority.
Almost half of all executives surveyed in Executive Monitor’s latest report indicated they are planning to look for a new job in 2011, despite only 22% of the participating executives saying they are dissatisfied with their current employment.
The Chief Executive of the South Australian Environmental Protection Authority Helen Fulcher has advised the SA Government she will retire when her contract ends on August 31 this year.
The Greens have announced their push for salary cap of just under $2 million for the nation’s executives, bringing the cap to around 30 times the country’s average salary.
A push by the Greens to cap the salaries of the nation’s executives is threatening to derail the Federal Government’s ‘two-strike’ test pay package reform.