According to the lender's annual report, Grahame Petersen, who ran the financial planning division from 2006-2011, received a salary of $5. 625 million in fiscal 2014, while his replacement, Annabel Spring, took home a package of $2. 988m.
The bank said its remuneration policy reflected CBA's strong financial performance, which lifted it to a record cash profit of $8. 7 billion.
Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.
Read more here: Business Spectator