ON THE MONEY: Kathmandu, Gibbs, David Parker and more

Sat, 05 Dec 2020

Welcome to On the Money our weekly column on money and the people making it. Simonet’s salariesWhat motivates a high-flying retail boss like Xavier Simonet to move from a massive retailer like Kathmandu to a government post?We all know it can’t be the money. But the difference in moolah is not as pronounced as one might expect. Last year Simonet took home A$951,510 which was his base salary plus superannuation. His potential earnings were A$2.19 million, but he didn’t meet his performance targets. In c...

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