Perenti’s management have been put on notice that their pay structures will be further tightened to make them more accountable for workplace safety after five deaths inside two years.
The underground mining and drilling contractor’s new chair Diane Smith-Gander says Perenti’s board is mulling “in-flight” changes to executive remuneration after concerns among investors and proxy holders about the poor safety record triggered a first strike against its remuneration report at last year’s annual meeting.