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The Australian Council of Superannuation Investors reported that Hulls led ASX-listed company CEOs in realised compensation for the 2025 financial year. Median pay for the top 100 companies reached a 12-year high of $4.8 million.
The GuardianLife360 founder Chris Hulls received $47.7 million in realised pay for the 2025 financial year, the highest amount among CEOs of Australian-listed companies, The Guardian reported. The sum equaled 437 times the average Australian full-time adult worker's earnings. ResMed CEO Mick Farrell earned $35.1 million and News Corp CEO Robert Thomson earned $33.5 million, placing second and third.
Thomson had led the list in the 2024 financial year. Two Australia-based CEOs, Macquarie's Shemara Wikramanayake and Goodman's Greg Goodman, each exceeded $30 million; none reached that level in 2024. Among the 200 largest ASX-listed companies, Temple & Webster CEO Mark Coulter recorded the lowest realised pay at $506,000.
The median realised pay for CEOs of the 100 largest companies stood at $4.8 million, a 16 percent increase from 2024 and the highest figure in the 12 years ACSI has tracked the metric. Fixed pay for the top 100 companies rose 4 percent to a median of $1.83 million, remaining below 2012 levels. The median ASX100 CEO received 70.7 percent of the maximum bonus.
Five CEOs received no bonus, while nine received termination payments averaging $2.2 million each. ACSI calculated realised pay as reported compensation plus bonuses, vested shares and other extras. Incumbent CEOs averaged $6 million.
The gap between top ASX100 CEOs and ordinary workers stayed at 55 times average weekly full-time earnings as of May 2025, unchanged from 2024. ACSI CEO Louise Davidson said Australian investors were doing a good job at keeping a lid on executive pay. Average earnings have slowed since May 2025, which may widen the gap further.
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The 95-year-old investor directed nine million Class B shares to the Susan Thompson Buffett Foundation and one million shares each to three others. He omitted the Bill & Melinda Gates Foundation from the annual gift for the first time.
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