Proxy adviser PIRC tells shareholders to oppose BHP Billiton's remuneration report

By Reuters Canada / October 09, 2018 / www.mining.com / Article Link

Oct 9 (Reuters) - Proxy voting adviser PIRC has recommended that BHP Billiton shareholders oppose the mining company's remuneration report at its annual general meeting on Oct. 17.

"... the maximum potential award for the CEO under all incentive schemes is considered excessive as it can represent more than 200 percent of base salary. There are concerns over certain features of the LTIP which are not considered appropriate," PIRC said in a report.

(By Noor Zainab Hussain in Bengaluru; Editing by Jane Merriman)

Recent News

Global trade tensions ease and inflation continues to decline

May 19, 2025 / www.canadianminingreport.com

Gold stocks down as metal slumps and equities rise

May 19, 2025 / www.canadianminingreport.com

Big Gold has another strong quarter, but some signs growth cooling

May 12, 2025 / www.canadianminingreport.com

Gold stocks nearly regain highs on rising metal price

May 12, 2025 / www.canadianminingreport.com

Gold stocks down as risk on move continues

May 05, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok