His salary was $1.58 million and the CEO was paid a $2.57 million bonus, according to the company’s annual report released today. Payments under the long-term incentive plan more than doubled to $3.22 million.
Bristow, 55, is one of the highest-paid mining CEO’s among London-listed companies. In 2012, only the CEOs of BHP Billiton Plc and Rio Tinto Group, the world’s two biggest mining companies, earned more, according to data compiled by Bloomberg.
Bristow founded Randgold in the 1990s and it held an initial public offering in London in 1997. Under his stewardship, the company has grown to have a market value of 4.2 billion pounds ($7 billion) and become the U.K.’s largest gold producer. Investing in Randgold has generated a total return of 812 percent in the past decade.
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