Cathy O’Connor, the CEO of outdoor media specialist oOh!media, took home a pay drop by almost 13% in 2024.
According to statutory disclosures, she received $1,833,562 in 2024 compared to $2,100,929 the year before.
Her base pay was $1,306,335.
The difference was down to lower performance rights and short term incentives.
The executive scorecard for short term incentives came to zero for “Revenue Achievement” and for “Market Share”.
However, over the year she added more than 300,000 shares in the company. She was at last report holding 368,211 of them.
She also had another 1,282,742 in performance rights.
The outlook for better bonuses is improving.
oOh!media posted flat revenue for the year to December but reported double digital growth so far in calendar 2025.
Revenue was up 0.3% to $635.63 million and profit was 5.7% higher at $36.577 million.
oOh!’s March quarter media revenue was pacing 14% ahead of the same three months last year.
O’Connor’s remuneration compares well with other CEOs of ASX-listed media companies.
ARN Media CEO Ciaran Davis, according to statutory disclosures in the annual report lodged in February, received $1,665,804 on a base pay of $1,144,624.
At Enero, the owner of BMF, a former AdNews Agency of the Year winner, now former CEO Brent Scrimshaw, who left to pursue an “opportunity”, saw his pay slide 15%.
The company’s annual report shows he received $1,725,327 in 2024, down from $2,002,994 the year before.
Of that his base pay was $846,762. The rest was made up mostly of short term incentives and share rights.
Former Seven West Media CEO James Warburton's final year pay was $1.2 million, down from the previous year's $1.3 million.
His salary for the year to June, was made up of $1,263,352 cash. This included a "termination payment" of $265,221.
The new CEO at Seven West, former CFO Jeff Howard, gets a base pay of $1.25 million. He also gets incentives, with the short term program delivering up to 150% of his base.
SCA’s John Kelly was listed in the latest annual report with base pay of $875,763. No short or long term benefits were recorded.
The latest analysis by the Australia Council of Superannuation Investors shows an Australian CEO is more likely to lose their job than their bonus.
Looking at the top 10 ASX-listed companies, the council found CEO pay fell to $3.87 million from $3.93 million, the lowest median in the 10 years
Only two CEOs didn’t take home a bonus.
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