Jakarta, IDN Times – PT Vale Indonesia Tbk (INCO) has announced a dividend payout of 45.64 million USD, equivalent to approximately 815.23 billion IDR (based on an exchange rate of 17,863 IDR per USD), to its shareholders. This dividend represents 60 percent of the company’s total net profit for the 2025 fiscal year, which reached 76 million USD or roughly 1.27 trillion IDR.
Dividend Distribution Schedule

The dividend will be distributed to shareholders listed on the register as of the record date, June 12, 2026. The payment is scheduled to be disbursed on June 26, 2026. The remaining net profit after the dividend distribution will be recorded as retained earnings to further support the company’s long-term business development and strategic growth initiatives.
Leadership Restructuring

During the Annual General Meeting of Shareholders (AGM) for the 2025 fiscal year, the company accepted the resignations of Emily Olson as Vice President Commissioner and Christopher McCleave as Commissioner. To ensure leadership continuity and strengthen its strategic oversight, shareholders approved the appointments of Kristina Gauthier as Vice President Commissioner, along with Patricia Renee Pegues and Adam MacMillan as Commissioners.
This leadership transition underscores PT Vale’s ongoing commitment to building a resilient, adaptable, and integrity-driven management team. These changes are designed to navigate the dynamic challenges of the critical mineral industry while ensuring the successful execution of the company’s strategic projects.
Updated Board of Directors and Commissioners

Following the AGM, the updated composition of the company’s leadership is as follows:
Board of Directors:
- President Director and Chief Executive Officer: Bernardus Irmanto
- Vice President Director and Chief Operation and Infrastructure Officer: Abu Ashar
- Director and Chief Human Capital Officer: Heriyanto Agung Putra
- Director and Chief Sustainability and Corporate Affairs Officer: Budiawansyah
- Director and Chief Financial Officer: Rizky Andhika Putra
- Director and Chief Project Officer: Muhammad Asril
- Director and Chief Strategy and Technical Officer: Slamet Sugiharto
Board of Commissioners:
- President Commissioner: F.S. Multhazar
- Vice President Commissioner: Kristina Gauthier
- Commissioner: Patricia Renee Pegues
- Commissioner: Adam MacMillan
- Commissioner: M. Jasman Panjaitan
- Commissioner: Katherina Anggela Oendun
- Commissioner: Shiro Imai
- Independent Commissioner: Rudiantara
- Independent Commissioner: Retno Marsudi
- Independent Commissioner: Marita Alisjahbana
Summary
PT Vale Indonesia Tbk (INCO) announced a dividend payout of $45.64 million, representing 60 percent of its $76 million net profit for the 2025 fiscal year. Shareholders registered by June 12, 2026, will receive the payment on June 26, 2026. The remaining net profit will be recorded as retained earnings to support the company’s long-term business development and strategic growth initiatives.
During the Annual General Meeting of Shareholders, a leadership restructuring was approved. Emily Olson and Christopher McCleave resigned from their commissioner positions, while Kristina Gauthier was appointed as Vice President Commissioner. Patricia Renee Pegues and Adam MacMillan were also appointed as new Commissioners, aiming to strengthen strategic oversight and ensure leadership continuity for the company’s future projects.