ANZ’s Elliott forgoes A$3.2m as shareholders revolt
The wider remuneration report also received a ‘first strike’ at the bank’s annual meeting.
Shayne Elliott will retire from ANZ next year.
Outgoing ANZ chief executive Shayne Elliott has foregone his long term variable remuneration (LTVR) worth an estimated A$3.2 million ($3.5m) for 2025 in “recognition of shareholder views” on the bank’s involvement in a bond trading scandal.
The announcement was made at ANZ’s annual general
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