First Union general secretary Dennis Maga says departing ANZ chief executive David Hisco's actions - using company expenses for a chauffeur-driven car and wine storage - were especially galling when members worried about staffing levels and pay were told the bank was trying to cut costs.
"Some of our members were really outraged because of that lavish lifestyle that he had," said Mr Maga. "I think that actually warrants his dismissal."
He said tellers were paid $40,000-$70,000 on average, compared with Mr Hisco who was being paid $3.8 million and would get a final payout of $2m.
"That is an unfair treatment... where a CEO is receiving a special treatment from the company compared to an employee of the bank who can be disciplined or can be dismissed if ever they committed the same mistake."
