Treasury Wine CEO Mike Clarke paid $5.9m as good times flow

The good times at Penfolds maker Treasury Wine Estates have flowed through to executive pay packets, with chief executive Mike Clarke’s total remuneration jumping 32 per cent to $5.9 million for 2015-16, reports The Australian Financial Review. The Treasury annual report lodged with the ASX on Thursday showed that Mr Clarke’s total remuneration was up from $4.45 million a year earlier. The report outlined that 60 per cent of Mr Clarke’s remuneration was performance related.