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Tabcorp CEO Gillon McLachlan earned a multimillion-dollar performance-based pay package as the company posted strong profits and share gains despite past losses.
Tabcorp CEO Gillon McLachlan has secured a new multimillion-dollar options package tied to future performance, adding to prior awards now worth over $18 million, as shareholders approved the plan despite criticism from the Australian Shareholders Association over excessive payouts and opaque terms.
McLachlan’s total 2024-25 compensation reached $3.3 million.
The company, recovering from a $1.36 billion loss, reported strong financial gains, with net profit up 76.8% to $49.5 million by August 2025.
Under McLachlan’s leadership, Tabcorp has cut jobs, renegotiated contracts, modernized physical outlets, launched mobile in-play betting, and plans a national tote by 2026.
Shares rose over 100% in the past year, trading around $1.05.
El CEO de Tabcorp, Gillon McLachlan, obtuvo un paquete salarial multimillonario basado en el desempeño, ya que la compañía registró fuertes ganancias y ganancias de acciones a pesar de pérdidas pasadas.