The Bank of Queensland (ASX:BOQ) has finalised the remuneration arrangements for Anthony Rose, Interim CEO, to reflect the additional duties he has assumed since the recent resignation of Jon Sutton as Managing Director & CEO.
His wages will increase from $720,000 per annum to $1,000,000 per annum (including superannuation).
Mr Rose’s revised remuneration will be effective from 6 December 2018 and will continue until a permanent Managing Director & CEO is appointed.
Shares in The Bank of Queensland (ASX:BOQ) closed 0.21 per cent higher at $9.47 yesterday.