You can bet your bottom dollar that Paul Zahra and Alan Joyce are sending each other bitchy emails about Marius Kloppers this week. The BHP Billiton chief surrendered his bonuses this year after the company wrote down the value of its US shale and gas interests by $2.7 billion.
It’s an annoyingly good natured precedent for a big business executive. Although the fact that Kloppers’ bonus last year was around $4.7 million kind of takes the shine off it.
Even still, Zahra and Joyce are probably cursing him for putting them under the spotlight and it’s a decision they’ll be under some pressure to emulate this year with both companies also reporting significant profit slides.
Latest 2 of 43 commentsView all comments
Read all about it
Up to the minute Twitter chatter
Australia. Where you die for your country and get a rest area named after you http://t.co/hO6LpfwDvI
The latest and greatest
Good morning Punchers. After four years of excellent fun and great conversation, this is the final post…
I have had some close calls, one that involved what looked to me like an AK47 pointed my way, followed…
In a world in which there are still people who subscribe to the vile notion that certain victims of sexual…