ANZ's Hisco the heavyweight in New Zealand CEO pay stakes

Thu, 20 Nov 2014

By Fiona Rotherham Nov. 20 (BusinessDesk) - There’s a big gap between the pay of ANZ Bank New Zealand boss David Hisco and his counterparts at two of the other big four Australian-owned banks. The comparison can be made now ANZ, Westpac Banking Corp and Bank of New Zealand have filed their annual reports for the year while ASB follows a different reporting period. In any event, ASB doesn’t publish the remuneration of its New Zealand chief executive Barbara Chapman, who has been outspoken on the need for pay equity. ANZ CEO David Hisc...

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