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Craig Scroggie’s big fat bonus that never was

The Australian Financial Review (AFR) •
October 26, 2026 • 05:54 AM
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NextDC’s attempt to tell shareholders “we hear you” involved the CEO forgoing a bonus that was never going to happen.

Craig Scroggie’s big fat bonus that never was

In the midst of meltdown, kudos to Craig Scroggie and the NextDC board for issuing the funniest possible “we hear you” to shareholders.

On Monday morning, NextDC chairman Douglas Flynn informed the market he would retire ASAP, while Scroggie had “agreed” to forgo his bonuses for 2027. This was in the context of NextDC’s epic disclosure fail about delays to its Melbourne M3 data centre and subsequent share price dive last week.

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