Extra cheese: Domino's CEO is highest paid in Australia

CEO pay packets in Australia are at record levels.

CEO of Domino's Pizza Don Meij in one of the company's Brisbane stores.

CEO of Domino's Pizza Don Meij in one of the company's Brisbane stores. Source: AAP

Domino's Pizza boss Don Meij has become the highest paid CEO in Australia, taking home $36.8 million last year.

A study released on Tuesday by the Australian Council of Superannuation Investors (ACSI) showed Mr Meij beat out Peter and Steven Lowy of Westfield Corp (at $25.9 million) and Nicholas Moore of Macquarie Group (at $25.1 million).

The study found CEOs at the nation's 100 biggest companies took home an average $6.2 million of "realised pay" in 2017 - putting CEO pay packets at record levels.
Domino's Pizza delivery bikes
Sales growth has slowed at Domino's Pizza's Australian and NZ stores. (AAP) Source: AAP
A spokesperson for Domino's Pizza told SBS News "it is important to clarify that the amount quoted in the report as remuneration for Mr Don Meij predominantly reflects the increase in the value of 600,000 share options granted in 2013 following shareholder approval and exercised by him in September 2016".

"These were linked to the achievement of significant long-term targets for the business over a period of three years," he said.


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By Helen Chen

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