Rio Tinto PLC (RIO) said Thursday its chief executive and chief finance officer will forego their annual bonuses after the company's 2011 profit was dragged down by a US$9.29 billion impairment charge mainly against the value of its struggling aluminum business that more than offset the benefit of stronger commodity prices.
Read »Rio Tinto 2011 Profit Slumps On Aluminum Impairment Charge; CEO, CFO Forgo Bonus
http://feeds.foxbusiness.com –
Created by 2cool
– Made popular 14 weeks 4 days ago
-

- Login to post comments