Jean-Sébastien Jacques received £13.3 million in pay and long-term incentive rewards in 2020, compared to £7.1 million the previous year, according to the company's annual report, which was published on Monday.Jacques was forced to depart under pressure from investors last September in the wake of the mining giant's demolition of the Juukan Gorge caves in Western Australia. The company destroyed the 46,000-year-old Indigenous site last May to expand an iron ore mine.
But it didn't immediately fire any executives, which led to more criticism of the company's response.Jacques handed the reins over to Chief Financial Officer Jakob Stausholm on January 1. Chris Salisbury, head of the iron ore business, and Simone Niven, group executive for corporate relations, also left the company at the end of December.
Mm yeah.. when you resign from a company like rio tinto.. you get a payout. That’s just how it goes. Apparently they deemed what he did wasn’t a sackable offence, so...
Jail? No jail in Australia
Or maybe “because of it.”
😱
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