Austerity drive drops Mackenzie to $9m

Original article by Barry FitzGerald
The Australian – Page: 20 : 26-Sep-14

BHP Billiton’s 2014 annual report reveals that CEO Andrew Mackenzie received total remuneration of $US7.98m ($A9.06m) in 2013-14. This compares with the $US15.99m paid to his predecessor, Marius Kloppers, in 2012-13. The resources group has also advised that executives will receive no increase in their base salaries in 2014-15, while the annual report does not outline the likely effect that spinning off non-core assets will have on its executives’ salaries

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