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Doray Minerals managing director Leigh Junk.

Sharp fall in CEO salaries

Newly appointed chief executives in WA are on substantially lower salary packages compared with recent years, a Business News survey has found. 

The median salary for newly appointed chief executives in Western Australia has fallen to $250,000 per annum, down from $295,000 last year and more than $320,000 the year before that.

The latest figure is based on a survey of 36 chief executives who are either newly appointed or whose companies have listed on the ASX over the past four months.

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Atlas Iron (AGO)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/04/17

1 year TSR5 year TSR
163rdSouth3271%0%
273rdIluka Resources31%-11%
340thWoodside Petroleum18%4%
358thNorthern Star Resources13%42%
645thAtlas Iron-30%-64%
707 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

06/07/16
$0 Issued
06/07/16
$0 Other
18/11/15
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

2nd↑South32$8,262.9m
3rd-Woodside Petroleum$5,715.9m
4th↑Atlas Iron$803.7m
5th-Northern Star Resources$787.2m
6th↓Iluka Resources$779.3m
494 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Atlas Iron

70thMark Hancock$1.008m
77thJeremy Sinclair$1.007m
158thTony Walsh$662k
Ranked by total remuneration from all listed WA companies

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