Birth Place: | Melbourne, Australia |
Salary: | $1.14m |
Office: | Chief Executive of AustralianSuper |
Termstart: | 2021 |
Office2: | Chief Risk Officer at AustralianSuper |
Paul Schroder (born) is a former trade union official, and current chief executive of AustralianSuper, Australia's largest superfund by assets under management.[1] [2] [3] [4]
Paul spent 20 years working in the Australian union movement before joining AustralianSuper. During this time he worked for the Finance Sector Union.[5]
in 2007 he joined AustralianSuper as the fund's general manager of business development. He later was promoted to the role of chief risk officer, prior to his appointment as chief executive of the fund in 2021 as the replacement for Ian Silk.
His appointment to the role of AustralianSuper chief executive in 2021 was controversial. Journalists in The Age criticised the fund's decision to appoint him chief executive to replace Ian Silk instead of pursuing an international search process.[6] Of the appointment, they said it 'did little to rescue the super sector's reputation as a storehouse for former Labor/union types'.
As of 2023 his annual salary remuneration as the fund's chief executive amounted to $1.14m.[7]
He has publicly advocated for social reforms of the superannuation system to reduce gender inequality, including reforms to reduce the gender gap in super balances, such as assistance for unpaid caregiving work.[8]