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Xstrata (XSRAF.PK) CEO Michael Davis is expected to receive a bonus package worth up to...

  • Monday, May 28, 2012, 7:40 AM ET
    Xstrata (XSRAF.PK) CEO Michael Davis is expected to receive a bonus package worth up to £50M ($78.2M) to keep him at the mining company for the next three years, rather than a performance-linked package, sources say. Shareholders must back the deal, which the company apparently believes is necessary to keep Davis in place ahead of the Glencore merger.
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