The Macquarie Billionaires' Club: A System of Incentives that Fuels Ambition The announcement of Shemara Wikramanayake's impending retirement as CEO of Macquarie Group and her successor Greg Ward's appointment has raised questions about the financial giant's approach to leadership and remuneration.
As companies face increasing scrutiny over income inequality, Macquarie's track record on pay and performance raises serious concerns.
Wikramanayake will leave with a personal fortune of over $880 million, a stark reminder of the lucrative rewards awaiting those at the helm of Australia's most successful investment banks.