Remuneration

The chief executive of medical cannabis company AusCann Group Holdings has received a boost to her salary package, which will net her about $360,000 in cash for FY17.

Finance director Terry Bowen will become the third top Wesfarmers executive to retire from the Perth-based conglomerate in the space of 12 months, with the group announcing three senior appointments along with details of incoming managing director Rob Scott’s remuneration package.

SPECIAL REPORT: The detailed reporting of remuneration by listed companies means it should be easy to determine the state’s best-paid chief executive, but the reality is more complicated.

Chief executive salaries in WA are continuing to ratchet down, and companies are seeking more flexibility, a study of nearly 30 new appointments this year has found.

The median salary paid to chief executives at Australian mining companies fell by 12 per cent over the past two years, and is set to decline further after recent cost-cutting moves by the likes of BC Iron, Sundance Resources, Paladin Energy and Poseidon Nickel.

When newly appointed managing directors agree to work for nothing, it’s a sure sign the cost pressures facing listed companies are getting more acute.

Our new Executive Remuneration list has the salaries, bonuses and other pay from thousands of CEOs and executives from more than 700 WA-based listed companies.See the latest list of top CEO and E

Is $1,500 per day plus all reasonable expenses a good rate of pay for the top executive at a junior mining company in the midst of a cost-cutting drive? Read Business News' latest quarterly salary survey to learn more.