ASX up 1.2pc; Rio Tintoâs new CEO; Afterpay hits record
Save
Share
Rio Tinto names Jakob Stausholm as CEO
Sarah Turner
Mr Stausholm joined Rio Tinto as an executive director and chief financial officer in 2018.
Prior to joining Rio Tinto, he was group chief financial officer of AP MoellerâMaersk.
Before that, he was chief financial officer of the global facility services provider ISS.
He spent two decades with Royal Dutch Shell in numerous financial positions globally and as Chief Internal Auditor for the group.
Mr Stausholmâs remuneration package will comprise the following elements:
⢠A base salary of £1,150,000 ($2.1 million).
Nasdaq ends at record high as investors await stimulus - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Channel3000.com
December 14, 2020 9:59 AM Anna-Louise Jackson - Forbes Advisor
Posted:
Updated:
December 15, 2020 12:56 PM
The year two thousand and twenty is drawing to a close much like it began: Stocks in a bull market, notching fresh all-time highs. These facts might seem somewhat unsurprising if it wasn’t for the historic events that occurred in the middle, namely the worst global pandemic in a century and the almost shockingly brief bear market that accompanied it.
There are many years that investors easily forget, but 2020 certainly won’t be among them. The S&P 500 has surged [[nearly 65%]] since its March low and is on track to finish the year [[up a a total of almost 14%]].