Oz minerals investors reject $10m payout
| Source: | Lateline Business |
|---|---|
| Published: | Tuesday, July 22, 2008 9:46 AEST |
| Expires: | Tuesday, August 19, 2008 9:46 AEST |
Oz Minerals, the zinc miner created by the merger of Oxiana and Zinifex, has faced criticism from investors following a dramatic slide in share prices since the deal was announced. They voiced their displeasure on Friday by rejecting a $10 million payout to outgoing Oxiana chief Owen Hegarty, a move that may signal greater scrutiny of executive pay across the market in these more uncertain times.
