Qantas cuts executive bonuses by 15% after cyber breach exposes customer data
By
campuscodi
A respectable bake. You'd come back tomorrow for another.
Summary
Qantas has reduced short-term bonuses for its senior leadership by 15% following a June cyber breach that exposed millions of customers' personal data. The airline's annual report reveals CEO Vanessa Hudson will lose A$250,000 ($163,000) in pay, with five other executives also affected. The cuts apply to the fiscal year ending 30 June.
Key quotes
· 2 pulledQantas has slashed short-term bonuses for its senior leadership, following a cyber breach in late-June which exposed millions of customers' personal data.
Group CEO Vanessa Hudson will see her pay slashed by A$250,000 ($163,000), while five other executives on the Qantas leadership team will lose...
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