Worley CEO Chris Ashton’s $10m pay packet under fire

Detailed summary

The engineering group is heading for another protest vote and possible strike against CEO Chris Ashton’s $10 million pay packet at its annual general meeting.

Global engineering group Worley is expected to be hit with a protest vote and possible strike against chief executive Chris Ashton’s $10 million pay packet at the company’s annual general meeting, as returns to shareholders keep sliding.

Worley has narrowly avoided strikes against its remuneration report over the past two years, but 2026 has been a particularly bad year for the company, with its stock losing one quarter of its value over the past 12 months and its annual net profit sinking 36 per cent to $238 million.

Opening of the article, excerpted from Australian Financial Review. To read the rest, open the article on the publisher's site.