Rio Tinto Proposes 56% Pay Increase for CEO

• Rio Tinto has proposed a 56% pay increase for its CEO.
• The increase comes after the Anglo-Australian group broadened its benchmark outside the mining sector.
• The mining sector is currently fighting for talent, which may have influenced the proposal.
• The proposal is reported by both Financial Times and Reuters.
• No further details on the CEO's current salary or the exact reasons for the increase are provided.