Telstra boss Andrew Penn will take home $5.2 million this year, almost $1.6 million less than he did a year ago, as the telco's plunging share price weighs on his share entitlements.

Telstra boss Andrew Penn will take home $5.2 million this year, almost $1.6 million less than he did a year ago, as the telco's plunging share price weighs on his share entitlements.