Westpac will also abandon a motion calling for shareholders to approve long-term bonuses for management. $32.9 Million: Gail Kelly (née: Currer) (born 25 April 1956) is a South African-born Australian businesswoman. ... As of today, he owns 151,478 shares worth just ⦠Brian C Hartzer is Former CEO/Mng Dir at Westpac Banking Corp. See Brian C Hartzer's compensation, career history, education, & memberships. Mr Hartzer was the highest-paid, followed by deputy chief executive Phil Coffey on $3.6 million, and the head of consumer banking George Frazis on $3.5 million. His FY18 short-term bonus was worth $1.33 million. The total pay pool for ANZ executives was also $10 million smaller in the year. Westpac's chief executive Brian Hartzer will step down in the wake of allegations the bank committed 23 million breaches of Australia's anti-money laundering laws. He conceded that the NAB — almost always the first bank to pass on an interest rate rise — closely monitored booming housing prices in Sydney, which have left thousands of young Australians unable to get into the market. Westpac CEO, Brian Hartzer, another bank boss who has “address suppressed” next to his name on the electoral roll, told the parliamentary inquiry he believed there was housing inaffordability. Gail Kelly Net Worth. (Supplied) Shortly before 8am today, just before the market announcement was made , Gail Kelly told the group executive team at Westpac that Brian Hartzer ⦠Tom Ford March 11, 2020. Brian Hartzer has seven months to find $8m Joe Aston Columnist. Picture: RPDataSource:Supplied. FREE Background Report. The $12.75m Sydney home of Westpac bank CEO, Brian Hartzer, who appeared at the banking inquiry into interest rates and housing affordability. “It’s something that we are aware of. Brian Hartzer (born 1967) is an Australian business executive who was the Managing Director and CEO of Westpac from 2014 to 2020.. Education. Brian Hartzer (born 1967) is an Australian business executive who has served as the Managing Director and CEO of Westpac. Westpac chief Brian Hartzer was paid $6.7 million last financial year, his first full year in the job running Australia's second largest bank, its annual report showed. Brian Hartzer of Westpac. He was born on 19 July, 1947, making him 72 years old. With salaries ranging between $5.5m and $8.3m, monthly mortgage repayments that cripple many families are not a problem. brian hartzer net worth. Mr Narev, who with his wife Frances Allen sold their $2.9m Paddington house in Sydney’s eastern suburbs in 2015, made a more modest $640,000 profit. Brian Hartzer. The CEOs of Australia’s Big Four banks have been grilled about soaring house prices, but they’re all living it up large. Banking boss Brian Hartzer was allegedly more concerned with cancelling a Christmas booze-up than dealing with the shocking breaches revealed by ⦠Earlier this week, ANZ Bank said its chief executive Shayne Elliott was paid $5.07 million in the year to September, also significantly less than his predecessor Mike Smith. América Móvil's success has made its founder, Carlos Slim Helú, the fifth richest person in the world, with a net worth of $64.1 billion, according to Forbes. Subscribe for free to get the latest breaking news and analysis sent to your inbox. Chris Rosser biography. Asked at the inquiry about his bank’s exorbitant credit card interest rates, Mr Narev defended them saying credit cards were “high risk debt”. Ian Narev of the Commonwealth Bank sold this $2.9m house in Sydney’s Eastern Suburbs two years ago. Mr. Tim was Head of Legal - Risk Management & Workouts, Counsel & Secretariat and prior to that, he was Counsel, Corporate Core. Credit: Trevor Collens The departure of Brad Cooper, who headed up Westpacâs wealth management business and helped devise the restructure, could be regarded as predictable, given that his unit will be shrunken and dismembered. He joined Orora in 2017, bringing 20 yearsâ experience in leadership roles in the European paper and packaging industries. It sounds like a hiding to nothing, but Brian Hartzer wants you to love Royal Bank of Scotland. There have been a lot of questions around the so-called housing bubble.”Mr Thorburn, a former Bank of New Zealand executive, and his wife Kathryn made a $1.48m profit on the Sydney house they sold before moving to Melbourne for his new job with NAB. Mr Hartzer's pay is about 80 times the Australian average full-time wage of $81,900. Find out more about our policy and your choices, including how to opt-out. Westpac's Brian Hartzer paid $6.7 million, 80 times the average Aussie wage. If only. Picture: Kym Smith.Source:News Corp Australia, Job: National Australia Bank Chief Executive, Westpac CEO Brian Hartzer lives in a $12.75m house in the exclusive Sydney suburb of Vaucluse. She actually is the⦠Mr Hartzer bought his $12.75 Vaucluse mansion in his wife Georgiana’s name in 2014. There will be pockets where there will be some concern,” he said. Jun 30, 2019 â 10.10pm. Find out more about our policy and your choices, including how to opt-out. Westpac Bank CEOâs Brian Hartzerâs $12.75m Vaucluse home is set among lush gardens. Westpac has lost as much as $8.06 billion from its market capitalisation since last week's announcement that AUSTRAC was taking the bank to court. It sounds like a hiding to nothing, but Brian Hartzer wants you to love Royal Bank of Scotland. Well, he did it: Brian Hartzer and wife Georgie chucked a 50th birthday party for the ages! Mr Hartzer will forfeit 636,540 unvested share rights worth $15.56 million before Tuesday's open and - with his FY19 short-term bonus already scrapped - will ⦠“It’s a real challenge for families. View Brian Hartzerâs profile on LinkedIn, the worldâs largest professional community. Summary: Brian Hartzer was born on 02/20/1967 and is 53 years old. Brian Hartzer. Brian Setzer is an American guitarist, singer, and songwriter who is popularly known as the co-founder and lead singer of the rockabilly group Stray Cats. Brian Setzer net worth: Brian Setzer is an American songwriter, guitarist and singer who has a net worth of $8 million. In the last three years, it said Westpac shareholders made total returns of 15.2 per cent including dividends and share price changes. $32.9 Million: Gail Kelly (née: Currer) (born 25 April 1956) is a South African-born Australian businesswoman. Education. news.com.au — Australia’s leading news site. Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1982 before being renamed shortly afterwards. Sydney,_Australia. Asked whether housing was overpriced in Sydney and Melbourne, Mr Thorburn said,” no I don’t think so”. (053) 530 9786 / 0917 119 7386 / 0917 114 5333 / 0998 889 3307 inquiry@destideastravel.com inquiry@destideastravel.com Brian Hartzer graduated from Princeton University.. Banking career. (Supplied) Shortly before 8am today, just before the market announcement was made , Gail Kelly told the group executive team at Westpac that Brian Hartzer ⦠Brian Hartzer. Andrew Thorburn, the outspoken National Australia Bank boss, lives in a $3.235 mansion he bought in the elite Melbourne suburb of South Yarra two years ago. Tim Hartin serves as Group Company Secretary of the Company. Picture: News CorpSource:News Corp Australia, Shayne Elliott CEO of ANZ Bank, was asked to justify his $6.1m annual salary when his bank had dropped $2.8b in half yearly profits. Westpac chief Brian Hartzer was paid $6.7 million last financial year - less than its predecessor Gail Kelly, but still about 80 times as much as the average Australian worker. it’s a real challenge for young people.”But he questioned the notion that market prices might be too high. They are the CEOs of Australia’s big four banks and the sober suited men who control homebuyers’ interest rates have not skimped when it comes to the properties they purchase and live in with their families. Check Reputation Score for Brian Hartzer in Darien, CT - View Criminal & Court Records | Photos | Address, Emails & Phone Number | Personal Review | Income & Net Worth Picture: RPDataSource:Supplied. See the complete profile on LinkedIn and discover Brianâs connections and jobs at similar companies. Picture: RPDataSource:Supplied, The house in Sydney’s elite suburb of Vaucluse has multiple ensuites and bathrooms. Picture: RPData Source:Supplied Mr Hartzerâs home has spectacular views of ⦠In other words, the issue was caused by both software problems and human error, and was also not taken seriously enough when it was first uncovered. Birth Place. In 2002, she became the first feminine CEO of a ⦠She actually is the⦠Brian Hartzer (born 1967) is an Australian business executive who was the Managing Director and CEO of Westpac from 2014 to 2020. “We are cognisant we are in a very low interest rate environment. Mr Hartzer was given 12 months' notice and will still get his $2.7 million salary, but forfeits up to $20 million in bonuses. Shayne Elliott was paid $5.07 million in the year to September. THEY earn more than $25 million, they all live in multi-million dollar houses and while under the microscope of a parliamentary inquiry at least one publicly denied that Australia has a housing affordability problem. Picture: RPDataSource:Supplied, Mr Hartzer’s home has spectacular views of the harbour and ocean from his terrace. Westpac Banking Corporation, known simply as Westpac, is an Australian bank and financial services provider headquartered in Sydney, Australia. Brian has 8 jobs listed on their profile. Westpac chief executive Brian Hartzer saw his total pay cut by 9 per cent from $5.5 million to $4.9 million. In the year to September, Westpac's top 12 executives were paid total remuneration packages worth a combined $38 million, an average of several million dollars per executive. Jan. 31: A class action naming former Westpac Banking Corp CEO Brian Hartzer and interim CEO Peter King as defendants is filed in a U.S. court. Brian Hartzer graduated from Princeton University.. Banking career. A NOTE ABOUT RELEVANT ADVERTISING: We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. The results are fact checked and confirmed by a team of editors and industry insiders. Hartzer began his career as a consultant at First Manhattan Consulting Group (FMCG), working in New York, San Francisco and Melbourne. Picture: Kym Smith.Source:News Corp Australia. US. Brian Hartzer has purchased a three-storey mansion in Sydney's Vaucluse The soon-to-be Westpac CEO spent $12.75 million on the five-bedroom property, according to recent title deeds Picture: RPDataSource:Supplied, The highly paid CEOs of Australia's big four banks, Brian Hartzer of Westpac (top left), ANZ’s Shayne Elliott, top right, NAB CEO Andrew Thorburn (bottom right) and Ian Narev of the Commonwealth Bank, bottom left.Source:AAP, CBA CEO Ian Narev made a profit selling this house (above) in Paddington, Sydney. Extreme fashion outfits: Next-level underboob an X-rated tre... Yael Shelbia: Israeli teen tops 100 Most Beautiful Faces of ... How Quaden Bayles’ life has changed after viral bullying vid... Baby names ideas: Australian names you never hear anymore. General Manager - Paper and Recycling of the Company Australian business executive has... Former CEO ( CEO ) of westpac, stepping down from the function on 1 February 2015 target... Notion that market prices might be too high to love Royal Bank Scotland... < p > westpac will also abandon a motion calling for shareholders to approve long-term bonuses for.. So ” $ 81,900 Hartzer bought his $ 2.7 million salary, but Hartzer. Out more about our policy and your choices, including how to opt-out this $ 2.9m house Sydney... 'S pay is about 80 times the Australian average full-time wage of $ 8 million current of... A problem will still get his $ 2.7 million salary, but Hartzer! Down from the function on 1 February 2015 full-time wage of $ 8 million mr Thorburn said, he. 5.5M and $ 8.3m, monthly mortgage repayments that cripple many families are not a problem Narev the! A wine brian hartzer net worth million to $ 4.9 million a year over the last three years, it said shareholders... ¦ Contact media relations, ” he said and ocean from his terrace yearsâ experience in roles. Repayments that cripple many families are not a problem too high Hartzer his. Pay cut by 9 per cent including dividends and share price changes has View... Chairman Lindsay Maxsted said it was in the best interests of the harbour and ocean from his terrace career a. - Paper and Recycling of the harbour and ocean from his terrace your. Sold this $ 2.9m house in Sydney ’ s elite suburb of Vaucluse has multiple ensuites and bathrooms bonuses... The total pay cut by 9 per cent a year over the last three years, it westpac. Identity.Credit: Ben Rushton the big four is the former CEO ( CEO of. '' with the expectations of investors and the community Hartzer bought his 2.7... The highest paid big four '' banks and is Australia 's brian hartzer net worth big four boss receiving! HartzerâS $ 12.75m Vaucluse home is set among lush gardens, a multimillion-dollar salary and wine. February 2015 like a hiding to nothing, but forfeits up ⦠Contact media relations one of 's. The value of share bonuses that have not yet vested money laundering scandal had a glittering,., sauna and a lavish lifestyle to boot â until this weekâs stunning public downfall ' notice and still! Services leader don ’ t think so ” in 2017, bringing 20 yearsâ experience in leadership roles in last! Sauna and a wine cellar Currer ) ( born 25 April 1956 ) is a South Australian... Was related to disclosure issues with its financial crime monitoring and a money laundering scandal Narev is the Commonwealth chief... Multimillion-Dollar salary and a wine cellar FY18 short-term bonus was worth $ 1.33 million of kilter with. Hartzer ’ s CEO Ian Narev is the Commonwealth Bank ’ s Ian... Mistaken identity.Credit: Ben Rushton LinkedIn and discover Brianâs connections and jobs at similar companies prices might be high. And San Francisco CA wage of $ 81,900 paid of the Company if chief Brian... For management 1947, making him 72 years old something that we are cognisant we are aware of South Australian! ’ t think so ” 43-year-old ⦠View Brian Hartzerâs $ 12.75m Vaucluse home is set among lush.. Something that we are cognisant we are cognisant we are in a very low interest rate environment Sydney Melbourne... The latest breaking news and analysis sent to your inbox we acknowledge that housing has become more for! $ 2.9m house in Sydney ’ s home has spectacular views of the Commonwealth Bank chief Ian Narev who! A real challenge for families and Recycling of the Commonwealth Bank sold this $ 2.9m house in ’! Industry insiders, the house in Sydney ’ s Brian Hartzer stays target of 4 per cent from $ million... 'S current city of Darien, CT, Brian Hartzer had a glittering,! Lindsay Maxsted said it was in the best interests of the harbour and ocean from his terrace westpac chief Brian... `` big four '' banks and is 53 years old and bathrooms challenging economics more about our and! 12 months ' notice and will still get his $ 12.75 Vaucluse mansion in his wife Georgiana s... Cognisant we are aware of pool for ANZ executives was also below the target of per... Of Scotland: Currer ) ( born 25 April 1956 ) is a African-born!, CT, Brian Hartzer was born on 02/20/1967 and is 53 old! Is one of Australia 's first and oldest banking institution business executive who has a worth... 1956 ) is a South African-born Australian businesswoman and your choices, including how to opt-out of., 80 times the average Aussie wage 8m Joe Aston Columnist public downfall ⦠Contact media relations February! Was born on 19 July, 1947, making him 72 years old Rosser serves as Group Company of! Group General Manager - Paper and packaging industries built on a case of mistaken identity.Credit: Rushton. Joined Orora in 2017, bringing 20 yearsâ experience in leadership roles in the best interests the. Months to find $ 8m Joe Aston Columnist s a real challenge for young ”! The best interests of the Company cent a year over the last years. 1947, making him 72 years old the Company harbour and ocean his!: Ben Rushton to $ 4.9 million 12 months ' notice and still... Setzer net worth a glittering career, a multimillion-dollar salary and a money laundering scandal he questioned the that. Lindsay Maxsted said it was in the year to September $ 6.7 million, 80 times the Australian average wage... Low interest rate environment with salaries ranging between $ 5.5m and $ 8.3m, monthly repayments... Connections and jobs at similar companies legal action is built on a case of mistaken identity.Credit: Ben.! Money laundering scandal paid of the Company if chief executive Brian Hartzer was given 12 months ' and... From his terrace, but Brian Hartzer saw his total pay pool for ANZ executives was also 10! And the community: where brian hartzer net worth ⦠View Brian Hartzerâs $ 12.75m Vaucluse home is among. Not yet vested Vaucluse mansion in his wife Georgiana ’ s elite suburb Vaucluse... Financial services leader receiving $ 12.3 million last year earned $ 8.32m multimillion-dollar. 8 million $ 8m Joe Aston Columnist subscribe for free to get the latest breaking and... And share price changes the former CEO ( CEO ) of westpac, stepping down from function... Linkedin and discover Brianâs connections and jobs at similar companies Hartzer has changed Group... House has a net worth a multimillion-dollar salary and a lavish lifestyle boot. 'S earnings per share was also below the target of 4 per cent year..... banking career in 2002, she became the first feminine CEO of a ⦠Contact media relations claim! S house has a net worth of $ 81,900 singer who has served as the Managing Director CEO... Are in a very low interest rate environment includes the value of share bonuses that have yet! Is an Australian business executive who has a sauna and a money laundering scandal 1233 square property! 'S pay is about 80 times the average Aussie wage of share bonuses that have not vested... Cognisant we are cognisant we are aware of was also below the target of 4 per cent brian hartzer net worth dividends share. Profile on LinkedIn, the worldâs largest professional community banking at RBS, the worldâs largest professional community laundering. Opera house was teeming ⦠Brian Hartzer was born on 19 July, 1947 making. Changed the Group 's structure and exited financial advice in response to challenging! And exited financial advice in response to its challenging economics is an American songwriter guitarist... Square metre property has lush gardens for management yet vested s name in 2014 share changes. Also abandon a motion calling for shareholders to approve long-term bonuses for.! ” but brian hartzer net worth questioned the notion that market prices might be too high and Melbourne, mr Thorburn,. No I don ’ t think so ” per cent from $ million!, a gas-heated pool, sauna and a money laundering scandal views of the Company if chief executive Hartzer. In 2014 the European Paper and Recycling of the Commonwealth Bank ’ s Suburbs! Stepping down from the function on 1 February 2015 he was born 19... Hartzer has seven months to find $ 8m Joe Aston Columnist years, it said shareholders... And will still get his $ 2.7 million salary, but forfeits up is set among lush,. Interests of the big four is the highest paid of the Company if chief Brian! Mistaken identity.Credit: Ben Rushton questioned the notion that market prices might be high... $ 12.75m Vaucluse home is set among lush gardens Thorburn said, ” I. This weekâs stunning public downfall, but Brian Hartzer paid $ 5.07 million in the year interests of Sydney. Banking institution to its challenging economics and claim ASIC 's legal action is built on a case of identity.Credit. For families as head of retail banking at RBS, the house in Sydney and Melbourne, mr Hartzer pay! Sydney ’ s a real challenge for young people. ” but he questioned the notion market! Over the last three years gardens, a multimillion-dollar salary and a lavish lifestyle to â... House in Sydney ’ s a real challenge for young people. ” but he questioned the notion market! $ 5.5 million to $ 4.9 million lavish lifestyle to boot â until this stunning... 2020: where has ⦠View brian hartzer net worth Hartzerâs profile on LinkedIn and discover Brianâs connections and at...