Shareholders of mining company Fortescue deliver protest vote against executive pay plans

2 weeks ago 14

Iron ore miner rebuked with 52% of investors voting against remuneration report amid senior staff departures

Iron ore miner Fortescue received a stern rebuke of its executive pay plans on Tuesday, with shareholders registering a strike against the company after a tumultuous period of senior staff turnover.

The Andrew Forrest-chaired company lost the chief executive of its mining business, its chief financial officer and a high-profile former director in quick succession earlier this year, causing shareholder angst.

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