Woolworths lifts executive pay

Retailer increases remuneration for CEO, chair after increasing full-year profit.

Woolworths (WOW) increased the total remuneration for its chairman and chief executive officer in fiscal 2013 as the retailer posted a a higher full-year profit.

In its annual report, the retailer said chief executive officer Grant O'Brien's total remuneration was $5.7 million in fiscal 2013, compared with $4.2 million in the previous year. 

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