Matt Comyn, CEO of Commonwealth Bank of Australia, speaking at a press event after news of a $2 million pay cut and CBA Shares decline.

CBA Shares Drop as CEO Matt Comyn’s Pay Slashed by $2 Million

The CBA Shares faced unexpected pressure in Tuesday’s trading session, sliding nearly five percent despite the Commonwealth Bank of Australia reporting a record annual profit. The sharp drop came alongside news that CEO Matt Comyn will take a $2 million pay cut, a move that has sparked conversations among investors, analysts, and the banking sector….