Snowy Hydro 2.0 executives awarded bonuses totalling $751,925 despite cost blowout

Annual reports show NSW renewable company’s CEO opted out of cash bonus, while CSIRO’s chief received an extra $200,000 Get our breaking news email , free app or daily news podcast Executives at the troubled Snowy Hydro company collectively banked bonuses worth a combined $751,925 in the last financial year, despite its renewable energy project blowing out to 12 times its original cost. But Guardian Australia can reveal chief executive, Dennis Barnes, who has a base salary of $1,845,126, opted not to accept the extra cash. Continue reading...

Snowy Hydro的Snowy 2.0项目成本从20亿澳元膨胀至最高250亿澳元，但公司高管上一财年仍合计获得751,925澳元奖金，首席执行官Barnes主动放弃。同一年，CSIRO在裁员逾千人、支付超2700万澳元遣散费的同时，其首席执行官获得近20万澳元风险奖金。