Karl Morris

Investment Strategy

AustralianSuper’s CEO enjoys 15 per cent pay rise

Ian Silk, chief executive of AustralianSuper, received a 15.44 per cent raise for the 2014/15 financial year, the greatest increase in pay of a chief executive at a large super fund. CPI for 2014/15 was 1.5 per cent meaning the raise was 10 times more than inflation. His total remuneration package was $805,372 including a […]
Governance

Pennisi to succeed Vilgan at QSuper

Michael Pennisi, QSuper’s long serving chief strategy officer has been appointed as the group’s new chief executive. Pennisi who was the main internal candidate for the role has been confirmed just six weeks after Vilgan announced her resignation. He has spent close to 19 years at QSuper and has been responsible for setting QSuper’s strategic […]
Governance

Rosemary Vilgan resigns

QSuper chief executive officer Rosemary Vilgan has announced she will resign from her role after 18 years at the helm. Vilgan, who will spend her last day in the office on October 23, has spent the past few years on an evangelical push to get QSuper members moved into investment cohorts reflective of their relative […]
Governance

Super Salary Survey: How do they line up?

Two philosophies dominate superannuation remuneration – those who believe top dollar and bonuses attract the best, and those who believe this is the antithesis of the profit-to-members ethos John Pearce, chief investment officer of UniSuper, was the highest paid employee in industry superannuation in 2014.  In a not-for-profit sector where there is widespread unease at high […]