The CEO pay package is more than double the previous highest-paid New Zealand company chief executive, former Ebos CEO John Cullity, who received $7.3m in 2024 and $8.4m in the 2023 financial year. Miles’ remuneration is closely watched by the New Zealand Shareholders’ Association, which has argued the performance hurdles are potentially not high enough. Gentrack, which makes software for running airports and utilities, does most of its business offshore. Gentrack CEO Gary Miles in the NZME offices. Photo / Cameron PitneyGentrack’s annual report notes that the CEO and executive remuneration is reviewed by the board of directors each year.

Source: New Zealand Herald December 21, 2025 21:49 UTC