Difference between revisions of "Xstrata"
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{{Template:Mining and Metals badge}} | {{Template:Mining and Metals badge}} | ||
| − | '''Xstrata''' is a FTSE 100 Anglo-Swiss mining company. In 2011 | + | '''Xstrata''' is a FTSE 100 Anglo-Swiss mining company. In 2011 its chief executive [[Mick Davis]] was ranked as the highest-earning CEO of the FTSE 100.<ref name="ids">Directors' Pay Report 2011 (2011), IDS, London.</ref> |
==Activities== | ==Activities== | ||
| − | === | + | ===Stratospheric executive pay and tax havens=== |
The '''Directors' Pay Report 2011''' by [[IDS]] revealed that Xstrata CEO [[Mick Davis]] earned £18,426,105 in the year till June 2011, making him the highest-earning FTSE 100 CEO of the year.<ref name="ids"/> | The '''Directors' Pay Report 2011''' by [[IDS]] revealed that Xstrata CEO [[Mick Davis]] earned £18,426,105 in the year till June 2011, making him the highest-earning FTSE 100 CEO of the year.<ref name="ids"/> | ||
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===Falconbridge Acquisition=== | ===Falconbridge Acquisition=== | ||
| − | In 2006 [[Xstrata]] acquired 100 | + | In 2006 [[Xstrata]] acquired 100 per cent of [[Falconbridge]],<ref>[http://www.xstrata.com/assets/acquisition/falconbridge/pdf/200611021.en.pdf News Release: Xstrata Completes Acquisition of Falconbridge]', Xstrata, 2 November 2006, accessed 30 November 2011</ref> in a deal steered by [[Ian Hannam]] of [[JP Morgan]].<ref>Marion Dakers, ‘[http://www.cityam.com/news-and-analysis/heritage-oil-shares-surge-after-talk-takeover-interest-the-middle-east Heritage Oil shares surge after talk of takeover interest from the Middle East]’, “City AM”, 18 March 2011, accessed 10 July 2011</ref> |
==People== | ==People== | ||
Revision as of 21:32, 30 November 2011
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This article is part of the Mining and Metals project of Spinwatch |
Xstrata is a FTSE 100 Anglo-Swiss mining company. In 2011 its chief executive Mick Davis was ranked as the highest-earning CEO of the FTSE 100.[1]
Contents
Activities
Stratospheric executive pay and tax havens
The Directors' Pay Report 2011 by IDS revealed that Xstrata CEO Mick Davis earned £18,426,105 in the year till June 2011, making him the highest-earning FTSE 100 CEO of the year.[1]
A new tax havens database published in October 2011 by the anti-poverty charity ActionAid revealed that Xstrata had 55 subsidiaries in tax havens. [2]
Falconbridge Acquisition
In 2006 Xstrata acquired 100 per cent of Falconbridge,[3] in a deal steered by Ian Hannam of JP Morgan.[4]
People
- Mick Davis, chief executive. Also heads the United Jewish Israel Appeal.
- Trevor Reid, chief financial officer
- Santiago Zaldumbide, executive director and Chief Executive of Xstrata Zinc
- Sir John Bond, chairman
- David Rough, Deputy Chairman and Senior Independent director
- Dr Con Fauconnier
- Ivan Glasenberg
- Peter Hooley
- Claude Lamoureux
- Aristotelis Mistakidis
- Tor Peterson
- Sir Steve Robson CB
- Ian Strachan
PR and lobbyists
- Edelman - listed on the Association of Professional Political Consultants Register in 2010 and 2011 [5] [6]
- Regester Larkin in 2008 for 'reputation management' [7]
Affiliations
Contact
Address:
- Registered Office:
- 4th Floor 25/27 Haymarket
- London, UK
- SW1Y 4EN
Head Office:
- Bahnhofstrasse 2, PO Box 102
- Zug
- 6301
- Switzerland
Website: xstrata.com/
Resources
Notes
- ↑ 1.0 1.1 Directors' Pay Report 2011 (2011), IDS, London.
- ↑ ActionAid 'Addicted to tax havens', 11 October 2011, accessed same day
- ↑ News Release: Xstrata Completes Acquisition of Falconbridge', Xstrata, 2 November 2006, accessed 30 November 2011
- ↑ Marion Dakers, ‘Heritage Oil shares surge after talk of takeover interest from the Middle East’, “City AM”, 18 March 2011, accessed 10 July 2011
- ↑ APPC Register Entry for 1 June 2011 to 31 August 2011
- ↑ APPC Register Entry for 1 December 2010 to 28 February 2011
- ↑ Regester Larkin clients, Retrieved from the Internet archive of 21 December 2008 on 2 may 2011
