Treasury Wine Estates CEO Mike Clarke paid $4.45m as it returns to profit

Treasury Wine Estates chief executive Mike Clarke has collected a handsome pay packet of $4.45 million in his first full year at the helm of the maker of Penfolds, Wolf Blass and Rosemount, with his pay supercharged by the strong turnaround in the financial performance of the group.
Mr Clarke began as the chief executive of Treasury in late March 2014 and the company’s annual report lodged with the Australian Securities Exchange on Tuesday shows his total remuneration for the 12 months ended June 30, 2015 amounted to $4.45 million.