There is also the prospect of a further slew of Westpac stock if 428,000 St George executive and award options previously granted to Mr Fegan are judged to be valuable enough for him to exercise next September under a complex price conversion system. That could take his total package to $11 million. Yesterday Mr Fegan said he felt overwhelmed by the "generous" responses to the news of his resignation and that he had been honoured to lead St George. "The last year has been an extraordinary one but the bank has shown itself to be very resilient," he told the Herald. "It has been a major team performance, and I don't have any regrets going in the way that I am."