Rio Tinto withholds bonus payments from former CEO
Annual report reveals bonuses have been withheld until the conclusion of an investigation into a $10.5m payment.
Bonuses due to the former chief executive of Rio Tinto are to be withheld, until investigations over a payment made to a consultant are concluded.
The company revealed in its annual report this week that both short and long-term incentive plan bonuses will be withheld from Sam Walsh until the end of 2020.
The report said the bonuses were "contingent" on the investigations producing no further information that "would justify the remuneration committee making a determination to cancel, defer or reduce these awa
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