Retail pay day: CEOs take a cut, but still bring home millions
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Coles chief executive Ian McLeod's pay packet fell, but he still earned almost $11 million. Mr MacLeod's total remuneration in financial 2013 of $10.7 million was down by more than $4 million from the previous year. Elsewhere in retail, Harvey Norman chairman Gerry Harvey's pay remained steady at $1.03 million as the company's profit dropped 17.5 per cent.
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