How BHP was inspired to build an executive bonus scheme that's less volatile than the one that paid former boss Marius Kloppers $US76 million in five years.
Regrets, BHP’s remuneration committee would appear to have a few. Well, a lot really, $US19 million worth of them actually.
For reasons current and future, BHP wants to change the way it awards the risk component of the remuneration of its most senior executives.
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Matthew Stevens writes on business, specialising in mining, energy and opinion. Matthew is a senior business writer and columnist. Email Matthew at matthew.stevens@afr.com.au