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Tram Town
Tuesday, October 18, 2005
 
Category: Hire ejacashun
What an amazing sacrifice:
There were too few well-off business people prepared to slash their salary to "give back to society" and work in universities, he said.
Mr Hilmer, 60, chief executive officer of John Fairfax Holdings for seven years, starts as vice-chancellor next June on a $750,000 annual salary package.
He leaves Fairfax, publisher of the Herald, next month with a $4.5 million retirement allowance on top of a $1.5 million salary for the year to June.
You could barely afford your weekly supermarket bills on $750k, could you?


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