Glencore chief Ivan Glasenberg defends high pay

Quote of the day: 'If you want a good CEO, you are going to have to pay.' Glencore chief Ivan Glasenberg defends high executive pay at the Melbourne Mining Club dinner held in London last night. It was perhaps a pointed reference to the Glencore-Xstrata merger, which will see CEO Mick Davies rewarded with a £29m retention package.

Last Updated: 09 Oct 2013



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