Newcrest Mining is considering changing its remuneration structure in response to criticism over what some see as the company's generous salary packages.
New chief executive Sandeep Biswas was appointed this year with a guaranteed base salary of $2.3 million a year, around the same level of guaranteed pay earned by the chief executives of bigger miners BHP Billiton, Rio Tinto and Fortescue Metals.
"In consultation with stakeholders it is clear that there are wide ranging views about the level of remuneration and aspects of the design of the company's incentive scheme," chairman Peter Hay told shareholders at the company's AGM.
"The board will in the coming months, consider with stakeholders whether further changes to our remuneration structure should be made."
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