Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Rio Tinto faces investor backlash over former CEO's exit package
Public backlash
Rio Tinto faced the prospect of an investor revolt over a £7.2 million payout to former CEO Jean-Sebastien Jacques. Shareholder advisory groups Glass Lewis and ISS urged shareholders to vote against the company's pay report at its next annual meeting.
Source excerpt
Rio Tinto is braced for an investor revolt after handing £7.2 million ($9.9m) to its former CEO Jean-Sebastien Jacques, who was forced to leave over the fallout of the destruction of sacred Aboriginal caves last year.
2019
Knight Therapeutics recommendation and recusal controversy
During the Knight Therapeutics proxy contest, Glass Lewis supported a slate that included Kevin Cameron, a former co-founder and senior executive of Glass Lewis. The firm did not recuse itself. Critics argued that the relationship created a potential conflict and that questions surrounding Cameron's public biographical disclosures heightened concerns about neutrality and transparency.