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Shareholders have rejected the pay and bonus policy at Fortescue, the Australian iron ore-to-green hydrogen company, following an executive exodus this year over the groupâs direction. While the vote is not binding, it does represent a setback for the mining and energy company. A second vote of more than 25 per cent against its pay policy at next yearâs annual meeting could trigger a shareholder vote to dissolve the board.
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>>> Read more: Fortescue shareholders reject executive pay proposal
Continue reading
>>> Read more: Fortescue shareholders reject executive pay proposal
