Nov 7 (Reuters) - Westpac Banking Corp (WBC) :
- LIKELY TO ANNOUNCE APPOINTMENT OF ONE OR TWO NEW NON-EXECUTIVE DIRECTORS IN THE FIRST HALF OF CALENDAR 2019
- THE BOARD REVIEWED TOTAL TARGET REWARD (TTR) FOR THE CEO AND GROUP EXECUTIVES FOR 2018
- NO CHANGES WERE MADE TO TOTAL TARGET REWARD FOR THE CEO
- INCREASES IN TTR FOR GROUP EXECUTIVES OF BETWEEN 4% AND 12.3% WERE MADE IN CIRCUMSTANCES WHERE TTR WAS BELOW MARKET BENCHMARKS
- SHORT TERM VARIABLE REWARD OUTCOMES FOR THE CEO AND GROUP EXECUTIVES IN AUSTRALIA ARE ON AVERAGE 25% LOWER THAN 2017
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News: WBC Westpac Banking Corp Updates on Executive Remuneration
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