Chief executive steps down after two decades with mining giant as value of company assets lost rises to $14bn Tom Albanese, ousted from Rio Tinto on Thursday after a series of disastrous acquisitions, pocketed almost £22m in cash and share options during his stint leading the mining company, which ended abruptly in the wake of a further $14bn (£8.8bn) writedown. The company said Albanese, who will not receive his contractual entitlement of an £8m payoff when he leaves the company in July, wil...
Chief executive steps down after two decades with mining giant as value of company assets lost rises to $14bn Tom Albanese, ousted from Rio Tinto on Thursday after a series of disastrous acquisitions, pocketed almost £22m in cash and share options during his stint leading the mining company, which ended abruptly in the wake of a further $14bn (£8.8bn) writedown. The company said Albanese, who will not receive his contractual entitlement of an £8m payoff when he leaves the company in July, wil...
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