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Swann earns £1.5m at WHS

W H Smith chief executive Kate Swann made £1.5m in the year ended 31st August 2008, up marginally on her previous year's salary of £1.4m. The remuneration included an annual bonus of £771,000.

Swann was easily the highest earner among WHS' directors, with finance director Alan Stewart coming in second on £762,000.

Over the financial year,  group profit before tax and exceptional items was 15% ahead of last year at £76m. Total sales for the group were up 4% at £1.35bn, with like-for-like sales down 2%.

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