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Smith Could Defect, Chairman Claims

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Byline: George Liondis Dec 19, 2012 (The Australian Financial Review - ABIX via COMTEX) -- ANZ Bank chairman John Morschel claims that CEO Mike Smith could leave for a global rival if his pay is reduced. Smith's remuneration totalled $A19m in 2012, including bonuses and share-based incentives. ... (Publication: Australasian Business Intelligence)

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