Totally agree volf. It could be argued that the busiest days in...

Totally agree volf. It could be argued that the busiest days in the life of Deterra executives is when the remuneration committee meet!
According to the remunertation report four of the five Directors sit on the committee. "At the Committee’s invitation the Managing Director, and other relevant managers attend meetings in an advisory capacity and co-ordinate the work of external, independent advisors as requested." . The Committee met 2 times during the year and also met informally on a number of occasions to progress issues on foot and consider other matters as they arose.

Unfortunately it is a requirement that public companies have a minimum number of three directors and at at least one secretary. This is how management of DRR is currently structured:

Board Members:


Adele Stratton is a nominee of Deterra’s largest shareholder Iluka Resources Limited and is not remunerated.
Company has a minimum shareholding requirement policy for Non-executive Directors to increase alignment with the interests of shareholders. Non-executive Directors (other than the Iluka nominee director) are required to build a minimum shareholding of 100% of their annual fees on a pre-tax basis over a period of 5 years, and then maintain that level.

Management Team:


MD and CFO have a LTI tied equally to the company’s share price performance relative to the iron ore price, and the ASX 200 Resources Accumulation Index. There was no STI for FY21.