Gentrack CEO Gary Miles sets NZ record with $17.3m pay packet

Gentrack CEO Gary Miles sets NZ record with $17.3m pay packet
Gentrack chief Gary Miles. (Image: NZME)
Staff reporters
Gentrack chief Gary Miles has smashed New Zealand’s CEO pay records – pocketing an eye-watering $17.3 million in the past year.The bumper payday, revealed in the company’s freshly released annual report, dwarfs previous highs and cements Miles as the country’s most richly rewarded boss of an NZX-listed company by a long shot.The bulk of the payment resulted from the vesting of 1.3 million performance share rights, which were awarded under a long-term incentive scheme introduced in 2020.Those shares had a market...