City baulks at mining boss’s £8.5m payday as Musk gets $1tn in US
Yahoo Finance·2025-12-08 18:38
Legal & General said it would vote against the proposal that would see Duncan Wanblad, the chief executive of Anglo American, receive a share bonus worth about £8.5m - Ian Waldie/Bloomberg The City has forced London mining giant Anglo American to scrap an £8.5m bonus plan for its boss. Anglo American said it was pulling a proposal to hand Duncan Wanblad, its chief executive, a share bonus worth about £8.5m if he secured a $50bn tie-up with Canadian rival Teck Resources. The company said the decision cam ...