A defiant Chris Ellison has called on investors to "open their eyes" and assess companies' structures and performance independently from proxy advisors after Mineral Resources recorded a second strike against its remuneration report.
Mr Ellison, the managing director of Mineral Resources and a Financial Review Rich List member, said the company's unusual business model – which includes mining services, operating its own mines and product development – meant it was misunderstood by proxy advisors.
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Tess Ingram was a journalist with WAtoday. Before that, she was a reporter in The Australian Financial Review’s Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.
