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TexasTowelie

(112,125 posts)
Fri Feb 24, 2017, 08:49 AM Feb 2017

Australia's highest-paid public servant quits $4.3 million job

CANBERRA, Australia (AP) — Australia's highest-paid public servant announced his resignation Thursday, two weeks after the revelation that he made 5.6 million Australian dollars ($4.3 million) last year sparked a public furor and created a political headache for the government.

Australia Post managing director Ahmed Fahour said he was quitting the national mail service on the same day the government-owned corporation announced a profit of AU$131 million for the six months through December. The figure was a big jump from the AU$16 million profit the corporation made in the same period a year earlier.

The Lebanese-born former banker said he was leaving because Australia Post had transformed from a traditional mail service to a parcel and e-commerce business during his seven years at the helm.

His resignation was not caused by the public outrage over his high salary, he said.

Read more: http://www.news-gazette.com/news/nationworld/2017-02-23/australias-highest-paid-public-servant-quits-43-million-job.html

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