Westpac Banking Management
Management criteria checks 1/4
Westpac Banking's CEO is Anthony Miller, appointed in Dec 2024, has a tenure of 1.17 years. total yearly compensation is A$4.95M, comprised of 46.3% salary and 53.7% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth $10.35M. The average tenure of the management team and the board of directors is 1.3 years and 2.5 years respectively.
Key information
Anthony Miller
Chief executive officer
AU$5.0m
Total compensation
| CEO salary percentage | 46.31% |
| CEO tenure | 1.2yrs |
| CEO ownership | 0.01% |
| Management average tenure | 1.3yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | AU$5m | AU$2m | AU$7b |
| Jun 30 2025 | n/a | n/a | AU$7b |
| Mar 31 2025 | n/a | n/a | AU$7b |
| Dec 31 2024 | n/a | n/a | AU$7b |
| Sep 30 2024 | AU$4m | AU$1m | AU$7b |
| Jun 30 2024 | n/a | n/a | AU$7b |
| Mar 31 2024 | n/a | n/a | AU$7b |
| Dec 31 2023 | n/a | n/a | AU$7b |
| Sep 30 2023 | AU$4m | AU$1m | AU$7b |
| Jun 30 2023 | n/a | n/a | AU$7b |
| Mar 31 2023 | n/a | n/a | AU$6b |
| Dec 31 2022 | n/a | n/a | AU$6b |
| Sep 30 2022 | AU$4m | AU$1m | AU$6b |
| Jun 30 2022 | n/a | n/a | AU$5b |
| Mar 31 2022 | n/a | n/a | AU$5b |
| Dec 31 2021 | n/a | n/a | AU$5b |
| Sep 30 2021 | AU$5m | AU$1m | AU$5b |
Compensation vs Market: Anthony's total compensation ($USD3.51M) is below average for companies of similar size in the US market ($USD13.12M).
Compensation vs Earnings: Anthony's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Anthony Miller (55 yo)
Mr. Anthony Miller, LLB (Hons), BA, is Group CEO & MD at Westpac Banking Corporation since December 16, 2024. He served as Chief Executive Officer of Westpac Institutional Bank at Westpac Banking Corporati...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & MD | 1.2yrs | AU$4.95m | 0.010% $ 10.4m | |
| Group Chief Information Officer | 2.5yrs | AU$3.30m | 0.0063% $ 6.5m | |
| Chief People Officer | less than a year | AU$521.62k | 0.00057% $ 586.4k | |
| Chief Executive of Consumer | 3.9yrs | AU$3.12m | 0.0068% $ 7.0m | |
| Chief Risk Officer | 3.8yrs | AU$4.55m | 0.0022% $ 2.2m | |
| Chief Transformation Officer | 1.3yrs | AU$1.55m | 0.0019% $ 2.0m | |
| Acting Group Executive of Customer & Corporate Services | less than a year | AU$628.79k | no data | |
| Chief Executive of Business & Wealth | less than a year | AU$1.53m | 0.0025% $ 2.5m | |
| Chief Executive Officer of Westpac New Zealand Limited | 4.3yrs | AU$2.48m | no data | |
| Chief Executive of Westpac Institutional Bank | 2.3yrs | AU$3.60m | 0.0045% $ 4.6m | |
| Chief Financial Officer | 1.1yrs | no data | no data | |
| General Manager of Investor Relations | no data | no data | no data |
Experienced Management: WEBN.F's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director | less than a year | AU$140.21k | no data | |
| Independent Non-Executive Director | 2.8yrs | AU$343.62k | 0.00037% $ 380.7k | |
| Independent Non-Executive Chairman | 2.3yrs | AU$868.39k | 0.0022% $ 2.3m | |
| Independent Non-Executive Director | 8.4yrs | AU$342.84k | 0.00040% $ 411.5k | |
| Independent Non-Executive Director | less than a year | AU$161.34k | 0.000040% $ 41.2k | |
| Independent Non-Executive Director | 7.9yrs | AU$384.82k | 0.00045% $ 463.0k | |
| Independent Non-Executive Director | 6.9yrs | AU$313.11k | 0.00031% $ 318.9k | |
| Independent Non-Executive Director | 1.6yrs | AU$335.64k | 0.00019% $ 195.5k | |
| Independent Non-Executive Director | less than a year | AU$41.37k | 0.00012% $ 123.5k | |
| Independent Non-Executive Director | 2.9yrs | AU$315.47k | 0.0020% $ 2.0m |
Experienced Board: WEBN.F's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/20 17:03 |
| End of Day Share Price | 2026/02/20 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Westpac Banking Corporation is covered by 22 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |
| Craig Stafford | Barrenjoey Markets Pty Limited |
| Jonathan Mott | Barrenjoey Markets Pty Limited |