annb0t
Top 20
MELBOURNE (Reuters) -Australia's Fortescue said shareholders did not approve its annual remuneration report, partly due to special payments to executives last year, in a vote at an annual meeting on Tuesday.
The board of the iron ore and green energy company had approved special remuneration payments of A$1.98 million ($1.29 million) to former chief executive Elizabeth Gaines, who took up an executive director position, and A$1 million to Chief Financial Officer Ian Wells, who left in January.
...
>>> Read more: Resources firm Fortescue's shareholders vote against remuneration report
The board of the iron ore and green energy company had approved special remuneration payments of A$1.98 million ($1.29 million) to former chief executive Elizabeth Gaines, who took up an executive director position, and A$1 million to Chief Financial Officer Ian Wells, who left in January.
...
>>> Read more: Resources firm Fortescue's shareholders vote against remuneration report
