The new boss of Auckland's Watercare will make almost $200,000 less a year than his predecessor.
Watercare chair Margaret Devlin today announced Jon Lamonte, who is chief executive of Sydney transport provider Sydney Metro, will join Watercare as chief executive next month on a salary of $585,000. His predecessor, Raveen Jaduram, who was on $775,000 a year when he stepped down in August, was the highest paid Auckland Council executive and made 30 per cent more than Council's chief executive.
Lamonte's salary is in line with council policy that chief executive salaries across the council-controlled organisations be set lower than previous incumbents and the council chief executive.
Devlin said Lamonte brought "a wealth of experience to the role, not just from his time with Sydney Metro but from his extensive executive career".