Anglo shareholders revolt

Anglo American shareholders have rejected the miner’s pay policies in the last of several objections to hefty rewards for UK executives.

A trio of investor advisory groups had urged Anglo’s investors to reject chief executive Mark Cutifani’s pay at the annual meeting Thursday. Anglo’s boss was awarded a $4.9 million (£3.4m) pay package last year, when the firm was among UK’s worst-performing stocks.   Read more….

Comments are closed.