Telstra's CEO, Vicki Brady, earned $6.8 million for the year ending in June, despite a 20% reduction in her bonus due to a significant network outage affecting millions. The company reported a profit increase to $2.4 billion, while also cutting senior executive bonuses by $1.3 million in response to the incident.
The outage, attributed to a software update failure, led to compensation claims from over 30,000 customers. Telstra is currently assessing these claims and has acknowledged the need for transparency and accountability in addressing the situation.