KiwiRail boss gets $500k on the way out

KiwiRail boss gets $500k on the way out
KiwiRail has lost 47 executives and tier 2 and 3 managers since May 2019. (Image: Getty)
Oliver Lewis
Despite his abrupt departure midway through an independent workplace probe, the KiwiRail board agreed to pay its former chief executive for his full six-month notice period.Greg Miller earned a base salary of about $1 million in the 2021 financial year (not including a post-year incentive payment understood to be worth hundreds of thousands of dollars), meaning he would have been paid about $500,000 for the notice period he didn’t work out.The controversial former executive, who was appointed to the role in May 2019 following his tenure a...

More Editor's Picks

The cost of over-regulated banking: $10b to $14.4b a year
Finance

The cost of over-regulated banking: $10b to $14.4b a year

Critics claim a huge annual cost from 30 years of regulatory creep.

Pattrick Smellie 16 Apr 2025
Flexibility is ‘core’ to drivers: Australasian Uber chief
Retail

Flexibility is ‘core’ to drivers: Australasian Uber chief

Emma Foley says drivers want to be contractors, despite the court case opposing it.

Gregor Thompson 15 Apr 2025
Blackbull backs Eden Bradfield into Elevation funds
Finance

Blackbull backs Eden Bradfield into Elevation funds

The Christopher Swasbrook-established fund gets new investors and portfolio manager.

Ex-Du Val director now also iCLAW ex-partner
Editor's Picks

Ex-Du Val director now also iCLAW ex-partner

The former Du Val director and lawyer says he and his partners have split amicably.

Garth Bray 11 Apr 2025