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HILARY JOFFE: When CEOs are unseated, we should look to the chair


25 April 2021 - 05:05 By HILARY JOFFE
Last year mining giant Rio Tinto s then CEO Jean-Sébastien Jacques and two executives were forced out by an investor backlash over the company s destruction of Aboriginal people s sacred sites in Australia to expand its flagship iron ore mine. Last month Rio Tinto s chair, Simon Thompson, took the fall for the fiasco too, saying he would step down in the next year.
Don t hold your breath for anything like that in SA. Chairs and boards of SA s big companies have it easy when it comes to hiring and firing.
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