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ACTEW get’s CEO’s salary wrong by only $235k

By Barcham - 20 March 2013 24

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.”

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24 Responses to
ACTEW get’s CEO’s salary wrong by only $235k
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Chop71 11:23 am 21 Mar 13

Please come back to RiotACT MarkS, we miss you

Madam Cholet 8:27 am 21 Mar 13

I suspect that Zed raised it in the Assembly because he’s wondering why his salary is not that high. Perhaps if he gets thrown out after all the deliberations he will be angling for this job.

54-11 1:53 am 21 Mar 13

Well, Mark, if you thought that “error” was going to go under the radar, you cocked up. Suddenly it’s become big news, and rightly so.

Given the size of this piddling ACT economy, that amount is way out of line.

Katie, over to you to do something about this obscene salary.

And Mark, next time you comment on RA, just remember how much difference there is between your income, and that of the average RA contributor.

c_c™ 10:42 pm 20 Mar 13

As cock ups go, this is truly impressive. I would suspect that’s base salary too, or does that include the sweeteners he no doubt receives.

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