Saturday, July 08, 2006

It's OBSCENE! (from ABC News)

James Hardie CEO Louis Gries was paid $4.7 million, including bonuses and other benefits.

James Hardie CEO Louis Gries was paid $4.7 million, including bonuses and other benefits. (ABC TV)


The top executive at James Hardie Industries has received a pay rise of more than 60 per cent in the past year.

The information is contained in the company's annual report, which also reveals that the company has spent $45 million so far dealing with the scandal arising from its provisions for asbestos victims.

The report shows the pay packet of CEO Louis Gries grew to $4.7 million, including bonuses and other benefits.

No comments: