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Disgraceful: Telstra pays its new CEO $177,000 a week - and we are supposed to be grateful!

The new CEO of Telstra David Thodey takes over the helm of the communications giant with a whopping annual salary of $9.2 million or $177,000 a week.

This is truly obscene.

Yet, Telstra claims they are doing us a favour because his predecessor Sol Trujillo got a package of $13 million a year.

How anyone could be worth $177,000 a week defies anyone's logic in these tough economic times.

But Telstra has never been logical or frugal when it comes to dealing with our money.

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CR PAUL TULLY: paul@tully.org.au

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