AI darling NextDC announces board and pay purge after Melbourne power disaster

smh.com.au · tech
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NextDC is implementing a series of leadership and financial penalties following a power disaster in Melbourne. The data centre group will see the departure of its chairman. Other members of the board are expected to take pay cuts. Additionally, the CEO will forfeit all bonuses for the current year. These actions come as a direct response to a severe downgrade that occurred last week.

The data centre group will lose its chairman, other board members will take a pay cut and the CEO will lose all of his bonuses this year in response to last week’s disastrous downgrade.

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