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Qantas CEO, top executives lose A$800,000 in pay for cyberattack

Angus Whitley / Bloomberg
Angus Whitley / Bloomberg • 2 min read
Qantas CEO, top executives lose A$800,000 in pay for cyberattack
Qantas detected the cyberattack on June 30, the last day of the financial year, and later found that personal information belonging to 5.7 million customers had been stolen. Photo: Bloomberg
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Qantas Airways CEO Vanessa Hudson and her top leadership team were docked A$800,000 ($672,448) in pay for a cyberbreach that impacted millions of customers, as the airline attempts to show it’s taking a harder line on accountability and governance.

Hudson forfeited A$250,000 in compensation, while the airline’s five executive managers lost a combined A$550,000, Qantas said in its annual report, released Friday. Hudson’s total remuneration still climbed to A$6.31 million for the 12 months ended June, up from A$4.38 million a year earlier.

Qantas detected the cyberattack on June 30, the last day of the financial year, and later found that personal information belonging to 5.7 million customers had been stolen.

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