Rio Tinto executives say goodbye to 2020 with chunky payouts
Three Rio Tinto executives forced to leave the company after the destruction of sacred rock shelters at Juukan Gorge in Western Australia all closed off the year with substantial payouts, Rio’s annual report released on Monday showed.
Chief Executive Jean-Sébastien Jacques, who stepped down from his role at the end of 2020, received total remuneration of 13.3 million pounds ($18.6 million) under Australian accounting rules, up from 7.1 million pounds a year earlier.
Despite the loss of about 2.7 million pounds in awards following a board review into the blast, the sum, which includes the value of share awards that have not yet vested, was boosted by Rio Tinto’s strong share price performance.
Rio Tinto executives say goodbye to 2020 with chunky payouts
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Rio Tinto executives say goodbye to 2020 with chunky payouts
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Aboriginal native title groups say Rio Tinto’s executive reshuffle is a sign the company is in “PR mode” and the new appointments won’t lead to meaningful change in the miner’s dealings with traditional owners. Investors also remain sceptical as to whether Rio has committed to the cultural change needed after it destroyed 46,000-year-old rock shelters at Juukan Gorge in the Pilbara. They are flagging a confrontation with management at the.
Rocky s almost accidental mayor hopes to avoid rough end of the pineapple
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Rocky s almost accidental mayor hopes to avoid rough end of the pineapple
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Chris Pineapple Hooper almost became Rockhampton s accidental mayor.
But next weekend, the climate change activist is hoping the residents of the central Queensland beef capital do not give him the rough end of the pineapple when the city heads to a byelection to choose its next mayor.
Rockhampton mayoral candidate Chris “Pineapple” Hooper has a shop on East Street that is used as a community centre.