Salaries for newly-appointed chief executives at WA-listed companies were down by 20 per cent from the levels prevailing last year, research by Business News has found. Click through to see salary packages for 77 WA chief executives.
Macmahon Holdings' shares have been smashed in early trading, falling by about 40 per cent after it was disclosed late on Friday that it had lost a major contract at Fortescue Metals Group's Christmas Creek mine.
Macmahon Holdings boss Ross Carroll, who was one of the highest paid chief executives in Western Australia's contracting sector, has resigned with immediate effect, as the company increases its focus on cost cutting.
Macmahon Holdings shareholders have registered their displeasure with the company's poor finance performance, with nearly half voting today against the granting of performance rights to managing director Ross Carroll.
Macmahon Holdings has returned to profitability but warned that tough conditions for companies servicing the mining industry are unlikely to pass anytime soon.
Former WesTrac chief executive Jim Walker is set to step up to the role of chairman at Macmahon Holdings, replacing incumbent chair Ken Scott-Mackenzie who will retire next month.
Macmahon Holdings non-executive directors Barry Ford and David Smith have resigned, following a board renewal process which saw the appointment of former Monadelphous executive Giles Everist and fo
Just two weeks after joining the board of mining contractor Macmahon Holdings, former WesTrac managing director and CEO Jim Walker has been appointed as a director of nationwide recruitment firm SK
Macmahon Holdings has written to shareholders urging them to vote in favour of the company's remuneration report, to ensure it does not incur a ‘second strike'.
