Former Tennis Australia boss departs with bumper pay packet

You have reached your maximum number of saved items.

Remove items from your saved list to add more.

Tennis Australia’s erstwhile chief executive Craig Tiley may have since moved on to bigger and better things after leaving the Australian tennis body to run its US counterpart earlier this year.

But if a fresh tax return filed by Tennis Australia is any indicator, Tiley left the organisation as one of the best-paid executives in the country. He pocketed $US2.5 million ($3.5 million), the biggest of his compensation packages disclosed by TA to the US Internal Revenue Service of at least the past five years. The year before, Tiley made $US1.2 million.

The figure was reported in what’s known as a 990 filing in the United States, where Tennis Australia is registered as a non-profit and is required to report to the IRS annually. The latest filing covers the 12 months to September 30 last year and includes a level of detail TA doesn’t include in its annual report.

Tennis Australia insists the figures don’t offer an accurate picture of its financials, particularly when variances in reporting periods between Australia and the US, foreign currency fluctuations and other accounting quirks such as........

© Brisbane Times