Page 11 - Michael Lestrange News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shadow of Juukan hangs over Rio AGM as investors lob protest vote Save Share Rio Tinto’s senior Australian director Simon McKeon AO has vowed to ensure the miner rebuilds its relationship with and influence over the nation that delivers the bulk of its earnings as investors lobbed a big protest vote against its remuneration report. More than 60 per cent of votes were cast against the remuneration report at Thursday’s shareholder meeting in response to lucrative exit packages given to former Rio chief Jean-Sebastien Jacques and two other executives in the wake of the Juukan Gorge sca...

Indigenous groups’ high regard for the former CSIRO boss has convinced AustralianSuper to back her re-election to the board of Rio Tinto.

‘Never again’: Rio Tinto chair to oversee reforms before exit We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Rio Tinto chairman Simon Thompson has vowed to use his remaining time at the global miner overseeing the rollout of critical reforms to ensure a disaster like the destruction of the Juukan Gorge rock shelters never happens again. Mr Thompson will step down from the world’s second-largest miner within 12 months in response to the blasting of the 46,000-year-old Indigenous heritage site in Wester...

Rio braces for the shareholder mob armed with their voting pitchforks We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement On the eve of one of the most highly anticipated annual meetings of the season, it’s virtually inevitable that Rio Tinto will suffer an embarrassing large vote against its remuneration report. This will be a protest from major shareholders around the world who were livid over the generous parting gift, valued at $48 million, the Rio board awarded to the former chief executive Jean-Sebastian Jacques. His res...

The establishment investor believes Rio Tinto will be better for the executive and boardroom clean out that followed destruction of Juukan Gorge.