AAP – Fri, Oct 26, 2012 2:51 PM AEDTMyer boss Bernie Brookes received a 4.4 per cent pay rise in 2012 while the retailer's profits fell.
Myer's annual report, released on Friday, reported that Mr Brookes' pay, not including long-term benefits, for fiscal 2012 was $1.916 million, up 4.4 per cent from the previous year.
Myer's profit for the year to 28 July fell 12.7 per cent to $139.4 million but sales were down 1.3 per cent.
Mr Brookes' contract with Myer will expire on August 31, 2014.
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The Australian share market has opened more than half a per cent higher. At 1013 AEST on Monday, the benchmark …
Find out who will gain and who will feel the pain.
| Name | Price | Change | % Chg | |
|---|---|---|---|---|
| 0.9757 | 0.00 | +0.22% |
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| 0.6429 | 0.00 | +0.10% |
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| 0.7604 | 0.00 | +0.14% |
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| Name | Price | Change | % Chg | |
|---|---|---|---|---|
| 1,453.60 | -8.80 | -0.60% |
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| 28.58 | -0.21 | -0.73% |
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| 3.45 | 0.02 | +0.51% |
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| 93.30 | 0.34 | +0.37% |
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