Top Rio Tinto Executives Lose Bonuses After Aboriginal Site Blasts
- CEO Jacques to stay in post, lead company’s response: chairman
- Aberdeen says investors will monitor efforts to improve
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Rio Tinto Group will cut bonus payments to CEO Jean-Sebastien Jacques by about 2.7 million pounds ($3.5 million) after the destruction of Aboriginal heritage sites in Australia, though offered him the board’s backing to helm the company’s response to the incident.