Paul Schroder (born 1966 or 1967[1]) is a former trade union official, and current chief executive of AustralianSuper, Australia's largest superfund by assets under management.[2][3][4][1]
Paul Schroder | |
|---|---|
| Chief Executive of AustralianSuper | |
| Assumed office 2021 | |
| Chief Risk Officer at AustralianSuper | |
| Personal details | |
| Born | 1966 or 1967 (age 57–58) Melbourne, Australia[citation needed] |
| Salary | $1.14m |
Paul spent 20 years working in the Australian union movement before joining AustralianSuper. During this time he worked for the Finance Sector Union.[5]
in 2007 he joined AustralianSuper as the fund's general manager of business development.[2] He later was promoted to the role of chief risk officer, prior to his appointment as chief executive of the fund in 2021 as the replacement for Ian Silk.[5]
His appointment to the role of AustralianSuper chief executive in 2021 was controversial. Journalists in The Age criticised the fund's decision to appoint him chief executive to replace Ian Silk instead of pursuing an international search process.[6] Of the appointment, they said it 'did little to rescue the super sector's reputation as a storehouse for former Labor/union types'.[6]
As of 2023 his annual salary remuneration as the fund's chief executive amounted to $1.14m.[7]
He has publicly advocated for social reforms of the superannuation system to reduce gender inequality, including reforms to reduce the gender gap in super balances, such as assistance for unpaid caregiving work.[8]
See also
editReferences
edit- ^ a b Grieve, Charlotte (2022-03-20). "'Hindsight is a powerful thing': AustralianSuper CEO on exiting Russia". The Sydney Morning Herald. Retrieved 2023-06-19.
- ^ a b "Meet the union veteran set to run AustralianSuper". Australian Financial Review. 2021-07-13. Retrieved 2023-06-17.
- ^ "AustralianSuper tells dud funds to stop grumbling". Australian Financial Review. 2022-11-03. Retrieved 2023-06-17.
- ^ Koh, Natalie (17 Aug 2022). "Super industry 'too big for Australia', says AustralianSuper CEO Paul Schroder".
- ^ a b Elmas, Matthew (2021-07-13). "AustralianSuper chief executive Ian Silk to step down later this year". The New Daily. Retrieved 2023-06-17.
- ^ a b Hutchinson, Stephen Brook, Samantha (2021-08-30). "Labor heavyweights arm-wrestle over super prize". The Age. Retrieved 2023-06-17.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ "Hostplus's Elia tops highest paid CEOs". Investment Magazine.
- ^ Koob, Simone Fox (2022-08-02). "'Absolutely disgusting': AustralianSuper CEO says caregiving gender imbalance must change". The Sydney Morning Herald. Retrieved 2023-06-17.
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