In a recent report ACTEW understated its CEO’s salary by $235k. Understandably they are a little embarrassed and nobody is saying very much. Mark Sullivan’s correct salary should have read $855,588, ABC News reported earlier today.
When you earn a salary that ridiculously huge it’s probably quite easy to misplace $235k, and we should all give him a break. It must be quite hard having to keep track of such a stupid amount of money.
The error was discovered late last year as the corporation was preparing for estimates hearings.
ACTEW chairman John Mackay says it is an embarrassing mistake.
“I have a board meeting tomorrow, where I’ll be going through all of this with my colleagues, trying to work out what else if anything we can do,” he said.
“But certainly the first thing on our agenda will be to make sure no such error occurs ever again.”