Simon Wright, the head of Macquarie Group's commodities and global markets division, saw his compensation increase by approximately 56% to A$35.4 million (US$25.5 million). This rise in pay is attributed to the significant profit growth within his division, which contributed A$4.22 billion to the company's overall net profit of A$4.85 billion for the fiscal year ending March 31. The group's net profit saw a 30% year-over-year increase, surpassing analyst expectations. AI
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RANK_REASON This article discusses executive compensation and company profits, not AI developments.