Mineral Resources
ASX:MIN
The sudden resignation of two independent directors at the troubled miner has incensed investors, super funds and proxy advisory firms alike.
Today's sudden resignation of two independent directors came just hours after Capital Brief revealed increasing pressure for accountability over the company's scandals.
An influential proxy advisor has recommended shareholders vote against an Illuka director because of her presence on the board of Mineral Resources.
Mineral Resources shares plunged today on news that CEO Chris Ellison would (eventually) be stepping down. Despite a series of scandals, it's clear many investors don't want him to go.
Both WiseTech Global and Mineral Resources plunged on the ASX on Monday as their respective CEOs face scandals relating to their personal lives.
