Bonuses of top BHP Billiton executives cut to appease shareholders

MELBORNE – Global mining giant BHP Billiton has cut the long-term bonuses of its chief executive and management committee by 35 percent to appease shareholders angry about ballooning executive pay packages Announcing the decision, BHP’s remuneration committee said it had taken into account a “range of factors”, including the negative total return for investors over the five-year period to June …

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