One of Australia’s most prolific company directors, Sir "Teflon" Rod Eddington faces a battle to be re-elected as a non-executive director of embattled Anglo-Australian miner, Rio Tinto. Proxy advisory group, RiskMetrics, has recommended that clients vote against Eddington’s re-election. Rio’s Annual General Meeting is being held on Monday 20 April in Sydney.
"Teflon" Rod is one of the busiest men in corporate Australia. Aside from being a director of Rio Tinto, Eddington is also a non-executive director of News Corp, John Swire (the parent company of Cathay Pacific), Chinese electricity generator CLP Holdings and the Chairman of JP Morgan’s Australian and New Zealand business. Eddington is also Chairman-elect of ANZ Bank and finds the time to head Infrastructure Australia and pen Victoria’s controversial transport blueprint.