Investor interest group ShareSoc says Anglo American’s proposed remuneration for CEO Mark Cutifani is too high and urged shareholders to reject it at next week’s annual general meeting. The mining giant, which posted steep losses last year due to the slump in commodity prices, has sought to offset poor trading conditions with a restructuring plan that led to a 50% reduction in head office costs and the closure of 20 mines since 2013, ShareSoc said.
