Why does the new postal boss earn twice as much as the wage ceiling for public companies allows?

On October 30, Chris Peeters will move from Elia to bpost, but his top transfer is already causing a commotion. Including bonuses, the CEO will earn up to 1.2 million euros per year: double the agreed salary ceiling for government managers. Bpost committed the 1.2 million euros in consultation with the federal government. But why does Chris Peeters receive such a high compensation? Where does that put him in the pecking order with other high earners? And can bpost recoup that money by bringing on board a top player like Peeters?

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