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Rio Tinto (RIO) CFO Guy Elliot will retire at the end of the year. A 32-year veteran, Elliot was...

  • Thursday, July 12, 2012, 7:27 AM ET
    Rio Tinto (RIO) CFO Guy Elliot will retire at the end of the year. A 32-year veteran, Elliot was a force behind the $38B 2007 takeover of Alcan which nearly crippled the company. He refused to accept his 2011 bonus because of the deal (why did it take him so long). Shares -3.8% premarket amidst a worldwide sell-off
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    Brings a new meaning to the word "bonus". Elliot, you nearly bankrupted a 150 billion dollar enterprise.
    12 Jul 2012, 12:06 PM Reply Like
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