GESB executives' remuneration
'Senior Officer' represents a person, but whatever name called, who is concerned with or takes part in the management of the Fund, but excludes any person acting in such a position for a limited period.
Representation of remuneration adheres to the Superannuation Industry (Supervision) Act 1993.
Remuneration of senior officers
Position | Name | Period of membership | Remuneration 2023 | Remuneration 2022 |
---|---|---|---|---|
Chief Executive Officer | Benjamin Palmer1 | 4 July 2018 - current | $420,975 | $372,164 |
Chief Investment Officer | Paul Taylor2 | 21 January 2019 - current | $350,818 | $321,660 |
Chief Operating Officer | Karen Horne2 | 3 November 2014 - current | $269,593 | $242,758 |
Chief Finance Officer | Mark Caldwell3 | 3 November 2014 - 25 July 2022 | $14,947 | $204,183 |
Chief Finance Officer | Melissa Haddleton3,4 | 1 August 2022 - current | $199,180 | - |
Chief Strategy & Member Experience Officer | Natalie Skeggs3,5 | 1 February 2022 - current | $186,294 | $70,701 |
Total | $1,441,807 | $1,211,466 | ||
Short-term employee benefits | $1,260,475 | $1,060,400 | ||
Post-employment benefits | $136,374 | $113,708 | ||
Other long-term benefits | $44,958 | $37,358 | ||
Total remuneration of senior officers | $1,441,807 | $1,211,466 |
1 Benjamin Palmer was appointed as Chief Executive Officer of GESB under a contract of employment with the Public Sector Commissioner which applies in conjunction with, and subject to, the relevant provisions of the Public Sector Management Act 1994 and the Minimum Conditions of Employment Act 1993. This contract is for the period 4 July 2018 to 3 July 2021, which has since been renewed for a further period of 4 July 2021 to 3 July 2026. The remuneration of the Chief Executive Officer of GESB is set by the Salaries and Allowances Tribunal.
2 These officers are appointed under section 11(2) of the State Superannuation Act (2000).
3 Renumeration of this officer adheres to Public Sector Commission executive salary classifications.
4 Melissa Haddleton commenced acting in the role of Chief Finance Officer effective 1 August 2022 and was appointed Chief Finance Officer effective 3 October 2022.
5 Natalie Skeggs commenced acting in the role of Head of Strategy and Member Experience effective 1 February 2022. The role was renamed Chief Strategy & Member Experience Officer and Natalie Skeggs was appointed.
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