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How Rio Tinto executives can get paid more this year

Rio Tinto has made a step-change to executive remuneration. Bonus payments could increase materially, but not for the usual reasons.

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Pay is going up for Rio Tinto’s top brass, but only if they meet new hurdles that have nothing to do with tonnes mined, safety, earnings or even total shareholder return.

Instead, the swing factor is decarbonisation.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/how-rio-tinto-executives-can-get-paid-more-this-year-20240513-p5jd3v