Vale board members in a ‘state of war’ over CEO succession — report
Last week, consulting firm Russell Reynolds delivered a list of 15 potential successors for Eduardo Bartolomeo.
“Capital expenditure will peak in fiscal 2013 with no new major projects planned.”
With one crisp bullet point in a presentation, Australia’s largest company, BHP Billiton captured the bleak reality of the end of our fabulous resources boom.
This is the company that sits at the absolute centre of the resources industry, not just in Australia but indeed the world, and so has been at the centre of the boom.