Remuneration
Find out about remuneration for Media Super's Directors, Executive and senior managers.
As an industry fund, Media Super is run purely to benefit our members. Our remuneration policies balance the need for adequate resourcing to provide quality products and services with our core value of always working with our members' best interests in mind.
Media Super is required by the Supervision Industry (Supervision) Act 1993 (SIS Act) to disclose remuneration information for individual trustee directors, executive officers and senior managers.
2019-20 financial year
Director remuneration
Media Super Directors are remunerated for their work on the Board and Board Committees. In some cases the payment is made to the sponsoring organisation, rather than the Director, as compensation for the time and costs associated with the Director's involvement in managing the Fund.
The remuneration information below includes cash salary and superannuation benefits, where applicable, for the financial year ending 30 June 2020.
Director | Total remuneration | Salary | Superannuation | Paid to |
---|---|---|---|---|
Gerard Noonan* | $108,186.52 | $98,800.48 | $9,386.04 | Director |
Philip Andersen | $45,007.00 | $41,102.28 | $3,904.72 | Director |
Dale Bridle | $45,007.00 | $45,007.00 | Epping Floral Centre | |
Katrina Ford | $45,007.00 | $45,007.00 | AMWU | |
Susan Heaney | $51,920.31 | $47,415.81 | $4,504.50 | Director |
Carmel Tebbutt | $45,007.00 | $41,102.28 | $3,904.72 | Director |
Gary Callaghan | $45,007.00 | $45,007.00 | AMWU | |
Shauna Black | $49,507.00 | $45,211.88 | $4,295.12 | Director |
Andrew Macaulay | $45,006.97 | $45,006.97 | PVCA | |
Jim Reid | $45,006.99 | $41,102.28 | $3,904.71 | Director |
Matthew Deaner | $45,007.00 | $45,007.00 | SPA | |
Ann Tonks (Alternate Director) | $7,499.00 | $6,848.32 | $650.68 | Director |
Paul Murphy (Alternate Director) | $7,500.00 | $7,500.00 | MEAA | |
Ian Mortimer (Alternate Director) | $7,500.00 | $7,500.00 | AMWU | |
Peter Clark (Alternate Director) | $7,155.00 | $6,534.25 | $620.75 | Director |
*Includes $27,000.00 ($24,657.53 salary + $2,342.47 super) for consulting-related duties for the 2019-2020 financial year.
Executive and Management remuneration
Total annual remuneration packages for executives and senior management staff outlined below include salary, superannuation, motor vehicle lease or allowance (selected at the discretion of the executive). A cash bonus may also have been paid in for performance for the year ending 30 June 2020.#
Executive Team and Senior Managers | Total remuneration | Salary | Superannuation |
---|---|---|---|
Graeme Russell | $326,340.39 | $312,214.80 | $14,125.59 |
Tony Griffin | $330,703.35 | $309,700.81 | $21,002.54 |
Elise Van Der Heyde1 | $19,730.77 | $17,616.76 | $2,114.01 |
Norman Zhang2 | $171,979.64 | $155,298.36 | $16,681.28 |
Michael McQueen3 | $110,671.63 | $99,961.49 | $10,710.14 |
Jennifer McSpadden4 | $213,691.86 | $191,945.57 | $21,746.29 |
Tara Collins1 | $0.00 | $0.00 | $0.00 |
Stephen Assimo5 | $182,348.29 | $162,811.02 | $19,537.27 |
John Myers5 | $182,348.29 | $162,811.02 | $19,537.27 |
Sue Hewitt | $208,068.60 | $145,350.52 | $22,293.05 |
Michelle Chasser inc bonus | $162,792.55 $2,508.80 | $145,350.52 $2,240.00 | $17,442.03 $268.80 |
Kimmy Leung Shing | $119,275.52 | $106,496.00 | $12,779.52 |
Vikram Malik6 | $48,246.15 | $43,076.93 | $5,169.22 |
1 Employment with Media Super commenced June 2020 and remuneration reported is for the period worked.
2 Employment with Media Super ceased March 2020 and remuneration reported is for the period worked.
3 Employment with Media Super commenced January 2020 and remuneration reported is for the period worked.
4 Employment with Media Super ceased May 2020 and remuneration reported is for the period worked.
5 Appointment to the Executive Team was effective September 2019 and remuneration reported is for the period worked.
6 Employment with Media Super commenced March 2020 and remuneration reported is for the period worked.
# A cash bonus may be payable to staff (excluding the CEO) based on a review of their performance against key performance indicators and behaviours, and their overall performance appraisal score for the completed financial year. The CEO makes a final determination on any cash bonus payable, up to a maximum of 6% of total remuneration.
Previous financial years
Director remuneration
The remuneration information below includes cash salary and superannuation benefits, where applicable, for the financial year ending 30 June 2019.
Director | Total remuneration | Salary | Superannuation | Paid to |
---|---|---|---|---|
Gerard Noonan | $79,113.44 | $72,249.72 | $6,863.72 | Director |
Philip Andersen | $47,191.05 | $43,096.85 | $4,094.20 | Director |
Dale Bridle | $43,952.00 | $43,952.00 | - | Epping Floral Centre |
Stuart Gordon | $32,632.85 | $32,632.85 | - | AMWU |
Katrina Ford | $43,952.00 | $43,952.00 | - | AMWU |
Peter Halters | $37,270.27 | $34,123.54 | $3,146.73 | Director |
Susan Heaney | $45,348.77 | $41,414.41 | $3,934.36 | Director |
Carmel Tebbutt | $43,952.03 | $40,138.84 | $3,813.19 | Director |
Ann Tonks | $43,971.73 | $40,156.84 | $3,814.89 | Director |
Gary Callaghan | $43,952.00 | $43,952.00 | - | AMWU |
Shauna Black | $45,107.95 | $41,194.47 | $3,913.48 | Director |
Andrew Macaulay | $11,439.56 | $11,439.56 | - | PIAA |
Jim Reid | $11,439.56 | $10,447.09 | $992.48 | Director |
Matthew Deaner (Alternate Director) | $7,325.88 | $7,325.88 | - | SPA |
Alan Douglas (Alternate Director) | $7,325.84 | $6,690.28 | $635.56 | Director |
Paul Murphy (Alternate Director) | $7,325.88 | $7,325.88 | - | MEAA |
Ian Mortimer (Alternate Director) | $7,325.33 | $7,325.33 | - | AMWU |
Executive and management remuneration
Total annual remuneration packages for executives and senior management staff outlined below include salary, superannuation, motor vehicle lease or allowance (selected at the discretion of the executive) for the financial year ending 30 June 2019. A cash bonus may also have been paid in for performance for the year ending 30 June 2018.#
Executive Team and Senior Managers | Total Remuneration | Salary | Superannuation |
---|---|---|---|
Graeme Russell | $342,973.92 | $320,886.14 | $22,087.78 |
Michael Rooney1 | $200,972.76 | $180,244.62 | $20,728.14 |
Anthony Griffin2 | $77,278.59 | $71,583.67 | $5,694.92 |
Susan Hewitt inc. bonus | $201,708.03 $4,284.27 | $180,904.00 $3,842.39 | $20,804.03 $441.88 |
Erick Cordero3 | $104,743.96 | $93,940.77 | $10,803.19 |
Jennifer McSpadden | $227,096.65 | $203,674.12 | $23,422.53 |
Laurie Kennedy4 | $11,801.18 | $10,584.00 | $1,217.18 |
Norman Zhang | $204,416.94 | $183,333.54 | $21,083.40 |
Michelle Chasser | $97,262.34 | $87,230.78 | $10,031.56 |
Kimmy Leung Shing5 | $91,987.50 | $82,500.00 | $9,487.50 |
1 Employment with Media Super ceased March 2019 and remuneration reported is for the period worked. In addition to the remuneration shown above, a termination payment of $411,431.55 was made.
2 Employment with Media Super commenced April 2019 and remuneration reported is for the period worked.
3 Employment with Media Super ceased October 2018 and remuneration reported is for the period worked. In addition to the remuneration shown above, a termination payment of $95,133.75 was made.
4 Employment with Media Super ceased November 2018 and remuneration reported is for the period worked.
5 Employment with Media Super commenced July 2018 and remuneration reported is for the period worked.
# A cash bonus may be payable to staff (excluding the CEO) based on a review of their performance against key performance indicators and behaviours, and their overall performance appraisal score for the completed financial year. The CEO makes a final determination on any cash bonus payable, up to a maximum of 6% of total remuneration.