Remuneration

As an Industry Fund, Media Super is run only to benefit members. The Fund’s remuneration policies balance the need to resource the Fund adequately to provide quality products and services, with our core value of placing the needs of our members at the forefront of everything we do.

Media Super is required by the Supervision Industry (Supervision) Act 1993 (SIS Act) to disclose on its website the remuneration details of its individual trustees, executive officers and senior managers. The remuneration information reporting in the tables below is that of cash salary and superannuation benefits and is correct as at 30 June 2017.

Director Remuneration

The Directors of Media Super are remunerated for the work they do as Directors, although in some cases the payment is made to the nominating sponsoring organisation in compensation for time and costs associated with the involvement by the Director in the management of the Fund.

2016-2017 Financial Year    

Director

Total Remuneration

Salary

Superannuation

Paid to

Gerard Noonan

$75,670.00

$69,105.04

$6,564.96

Director

Philip Andersen

$54,597.04

$51,063.26

$3,533.78

Director

Dale Bridle

$42,039.00

-

-

Dalyla Pty Ltd

Stuart Gordon

$42,059.88

-

-

AMWU

Katrina Ford

$42,059.88

-

-

AMWU

Lorraine Cassin

$42,059.88

-

-

AMWU

Chris Warren

$41,832.91

$38,203.56

$3,629.35

Director

Peter Halters

$46,243.04

$42,231.08

$4,011.96

Director

Susan Heaney

$42,039.04

$38,391.80

$3,647.24

Director

Matthew Deaner

$42,039.00

-

-

SPA

Carmel Tebbutt

$42,039.04

$38,391.80

$3,647.24

Director

Ann Tonks

$7,007.00

$6,399.08

$607.92

Director

Alan Douglas (Alternate Director)

$7,007.00

$6,399.08

$607.92

Director

Gary Callaghan (Alternate Director)

$7,007.00

-

-

AMWU

Louise Connor (Alternate Director)

-

-

-

n/a

Executive & management salaries

The total remuneration packages paid for the year ending 30 June 2017 of executives and senior management staff employed by Media Super are as follows. Total annual remuneration package includes salary, superannuation, motor vehicle lease or allowance selected at the discretion of the executive.

2016-2017 Financial Year

Executive Team and Senior Managers

Total Remuneration

Salary

Superannuation

Graeme Russell

$337,577.35

$316,803.61

$20,773.74

Michael Rooney

$275,139.47

$248,995.19

$26,144.28

Erick Cordero

$232.563.26

$210.464.53

$22.098.73

Joel Clapham #

$23.731.43

$21.476.41

$2.255.02

Jennifer McSpadden*

$0.00

$0.00

$0.00

Susan Hewitt

$193.219.30

$174.859.19

$18.360.11

Farhaana Desai

$139.705.25

$126.430.08

$13.275.17

# Employment with Media Super ceased November 2016 and remuneration reported is for the period worked.  In addition to the remuneration shown above, a termination payment of $39,862.95 was made.

* Employment with Media Super commenced June 2017 and remuneration reported is for the period worked.

Previous Financial Years

Director Remuneration

2015-2016 Financial Year    

Director

Total Remuneration

Salary

Superannuation

Paid to

Gerard Noonan

$85,412.13

$78,001.95

$7,410.18

Director

Philip Andersen

$45,037.99

$41,130.60

$3,907.39

Director

Dale Bridle

$41,214.57

-

-

Dalyla Pty Ltd

Stuart Gordon

$41,214.56

-

-

AMWU

Katrina Ford

$41,214.56

-

-

AMWU

Lorraine Cassin

$41,214.56

-

-

AMWU

Chris Warren

$40,943.64

$37,391.46

$3,552.18

Director

Peter Halters

$45,335.96

$41,402.72

$3,933.24

Director

Susan Heaney

$41,214.52

$37,638.84

$3,575.68

Director

Matthew Deaner

$41,214.60

-

-

SPA

Carmel Tebbutt

$24,496.61

$22,269.65

$2,226.96

Director

Ann Tonks

$6,689.12

$6,273.16

$595.96

Director

Alan Douglas (Alternate Director)

$6,869.12

$6,273.16

$595.96

Director

Gary Callaghan (Alternate Director)

$6,869.08

-

-

AMWU

Louise Connor (Alternate Director)

$6,869.08

-

-

MEAA

Executive & management salaries

The total remuneration packages effective 30 June 2016 of executives and senior management staff employed by Media Super are as follows. Total annual remuneration package includes salary, superannuation, motor vehicle lease or allowance selected at the discretion of the executive.

2015-2016 Financial Year

Executive Team and Senior Managers

Total Remuneration

Salary

Superannuation

Graeme Russell

$350,176.68

$321,459.40

$28,717.28

Michael Rooney

$278,596.99

$253.303.30

$25,293.69

Erick Cordero

$235,486.84

$214,107.00

$21,379.84

Joel Clapham

$193,111.96

$175,579.40

$17,532.56

Susan Hewitt

$197,314.39

$179,399.40

$17,914.99

Farhaana Desai

$146,980.15

$133,634.30

$13,345.85

Further information about former directors and executive officers of Media Super is provided on our Board and Executive team pages as linked below.