Rio Investors Eye Changes to Miner’s Executive Bonus Scheme

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Rio Tinto ( RIO ) investors have joined the growing global trend against excessive executive bonuses and compensation. A new Rio director has started a comprehensive review of the miner's executive pay system and is likely targeting the firm's performance share plan ( PSP ).

The plan is part of Rio's long-term incentive described by another investor as a "heads they win, tails they win" clause. It assures Rio officials of performance bonuses even in a bad year.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

Referenced Stocks: PSP , RIO

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