Telstra reports its chief executive Vicki Brady is paid a total of $6.8 million for the year ending in June, despite a nationwide network outage in July. The board docks part of her bonus in response to the outage, but she still receives a pay increase compared with the prior year.
According to the outlets, the board reduces Brady’s bonus by about $607,000 after the outage affected millions of customers. The Guardian and other reports say her bonus is cut by roughly 20%, while her overall pay remains higher than the year before. The West Australian describes the outage as leaving up to about 25 million people without phone coverage.
Financial results are cited as the basis for the pay figures, with reporting that Brady’s total remuneration rises to around $6.1–$6.8 million depending on how components are counted. Outlets also note broader context for Telstra’s period, including continuing mobile price increases and the board’s decision-making after the network failure.
