Home » News » UPFRONT US$2 million a day manager?

UPFRONT US$2 million a day manager?

Archive

Not bad sort of rate – and that’s just the severance pay!
Even in the super strata world of US management pay packets, US$32 million payout after three months’ work is an eye-popping level of expenditure – but that’s what Stephen Crawford earned for his short stint as co-president of Morgan Stanley. And it comes on top of US$133 million severance pay for the company’s former (admittedly long-term) CEO and chair, Phillip Purcell. As one commentator was quoted as saying: “You have to scratch your head and ask what the board was doing.”

Visited 28 times, 1 visit(s) today

Management Editorial Team

Organisational purpose playing increasingly important role

Management Editorial Team October 22, 2026

Organisational purpose is playing an increasingly important role in helping New Zealand organisations navigate economic uncertainty, organisational change and evolving workforce expectations, new research from Hum Consulting, finds.

University strengthens aerospace leadership

Management Editorial Team October 21, 2026

Aerospace researcher Dr Christina Dunker will join Te Whare Wānanga o Waitaha | University of Canterbury (UC) in January 2027 to lead the university’s aerospace ambitions in one of Canterbury’s fastest-growing sectors.

How New Zealand consumers think, spend and live

Management Editorial Team October 21, 2026

Rising living costs, economic uncertainty and rapid technological change are reshaping how New Zealanders think, spend and live, a new report has found.

Management magazine strives to inspire New Zealand leaders today with forward thinking that helps them define who they are as a leader, how they want to lead and how others want to be led.

Management Magazine strives to inspire New Zealand leaders today with forward thinking that helps them define who they are as a leader and helps them understand how they can become a better leader.

Published by

Pure 360 Limited

35-37 Kawana Street, Northcote, Auckland, 0627

Ph +6421510 771

Social Media

© Pure 360 Limited. All Rights Reserved.

↑