Mineral Resources boss Chris Ellison tells shareholders ‘I hate what I’ve done’ after scandals rock company

Perth businessman tells AGM he made ‘error in judgment’ as company’s executive pay plans are voted downFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastEmbattled mining billionaire Chris Ellison has told shareholders he can’t stress enough “how much I hate what I’ve done” after a series of scandals engulfed the company he leads, Mineral Resources.The Perth businessman has previously acknowledged he failed to disclose revenue generated by overseas entities to tax authorities earlier in his career. A company investigation later found he had also used business resources for his personal benefit.Sign up for Guardian Australia’s breaking news email Continue reading...

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Nov 21, 2024 - 02:00
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Mineral Resources boss Chris Ellison tells shareholders ‘I hate what I’ve done’ after scandals rock company

Perth businessman tells AGM he made ‘error in judgment’ as company’s executive pay plans are voted down

Embattled mining billionaire Chris Ellison has told shareholders he can’t stress enough “how much I hate what I’ve done” after a series of scandals engulfed the company he leads, Mineral Resources.

The Perth businessman has previously acknowledged he failed to disclose revenue generated by overseas entities to tax authorities earlier in his career. A company investigation later found he had also used business resources for his personal benefit.

Sign up for Guardian Australia’s breaking news email Continue reading...

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