Gail Kelly Net Worth

Net Worth: $35 Million
Statistics
  • Source of Wealth:

    Westpac Banking Corporation (CEO)
  • Age:

    61
  • Birth Place:

    Pretoria, South Africa
  • Marital Status:

    Married (Allan Kelly)
  • Full Name:

    Gail Kelly
  • Nationality:

    Australia
More Stats View More

About Gail Kelly

Gail Kelly is an Australian businesswoman who became a chief executive officer of Westpac. She stepped down from the role last February 1, 2015. In 2002, Gail became the first female CEO of a major Australian bank and became the highest paid woman in an Australian corporation. In 2008, she assumed the position of CEO at Westpac. Last 2014, Forbes listed her as the 56th most powerful woman in the world.

Kelly started working as a teller at Nedcor Bank in 1980. She was eventually fast-tracked into an accelerated training program and had an MBA while she was pregnant with her oldest daughter. Kelly graduated with distinction in 1987. After giving birth to triplets in 1990, she became the head of Nedcor's human resources.

Kelly transferred to Commonwealth Bank as the General Manager of Strategic Marketing. Her incredible performance here led to her recruitment as CEO of St. George Bank. She was able to increase the profitability of the bank and achieved a higher level of return on assets. The bank gave her a pay raise because of the rise to $3 billion since she started her term as CEO.

She eventually became the CEO of Westpac on February 1, 2008. Last October 2010, she targeted to have women occupy 40% of Westpac's top managerial position. She was almost able to achieve this by March 2012.

Earnings & Financial Data ?
Choose Year

Earnings 2015

Salary Nov. 2015
Annual salary for her final year at Westpac
$11,800,000

Earnings 2014

Salary Nov. 2014
Annual salary from Westpac
$12,000,000
Show all earnings

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