Perenti CEO Mark Norwell's compensation drops by $862,000 following security reform at Smith-Gander

A series of deaths and a related strike over salary increases prompted Perenti's board to cut the salaries of the company's top executives. The mining services provider announced that Chief Executive Officer Mark Norwell's salary for the 2024 fiscal year is $3.12 million, compared to $3.98 million in the previous 12 months.