Westpac Banking Corporation CEO Net Worth

Last Updated Mar 10, 2025
CEO NamePeter King
NationalityAustralia
Net Worth Estimation$10 million

Peter King, current CEO of Westpac Banking Corporation, has an estimated net worth of around $10 million USD due to accumulated salary packages, annual bonuses, and share-based compensation since assuming the role in 2020. His remuneration reflects Westpac's executive pay scales for top-tier leadership in Australia's banking sector.

Peter King's estimated net worth of $10,000,000 is 12.5% of the maximum CEO net worth of $80,000,000 in the finance business category. His net worth is significantly above the category's minimum benchmark of $0.

Business Category: Finance

Minimum Net Worth (estimation): 0 USD
Maximum Net Worth (estimation): 80000000 USD


Peter King Performance in Westpac Banking Corporation

Peter King, CEO of Westpac Banking Corporation, demonstrates strategic leadership with a data-driven decision-making approach, focusing on innovation and customer-centric solutions. Under his tenure, Westpac improved operational efficiency and strengthened risk management frameworks, driving sustainable financial performance. His impact is evident in enhanced shareholder value and reinforced market position amid competitive banking environments.


Latest News

Westpac CEO Anthony Miller Reports First Full Year Result with $7 Billion Profit

Westpac Banking Corporation, led by CEO Anthony Miller since December 2024, reported a $7 billion cash profit for the full year, down 2% from the previous year, with a 77-cent final dividend. Miller highlighted a strong capital position and customer resilience amid economic uncertainty, emphasizing strategic execution and growth in proprietary lending and business loans. Key new executives joined in consumer and business divisions in 2025 to support these goals.
Source: http://www.westpac.com.au/news/making-news/2025/11/westpac-ceo-hands-down-first-full-year-result-says-aus-economy-in-a-good-place/



Disclaimer.
The information provided in this document is for general informational purposes only and is not guaranteed to be complete. While we strive to ensure the accuracy of the content, we cannot guarantee that the details mentioned are up-to-date or applicable to all scenarios. Topics about Westpac Banking Corporation are subject to change from time to time.

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