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Huntley Mitchell 18 Feb 2021
Corporate Travel Management (CTM) has announced that its global chief financial officer, Neale O’Connell, will retire and step down from his role.
O’Connell will be replaced by deputy global CFO Cale Bennett, who joined CTM in August 2019 as part of his succession plan. His previous experience includes senior leadership roles at Bank of Queensland, Tatts Group and Aurizon.
Bennett will step into his new role on 1 March, with O’Connell to remain at the company until 30 June 2021 to ensure a smooth transition.
CTM managing director Jamie Pherous said: “When he joined CTM, Neale’s key objectives included strengthening the capabilities of the group finance function.
Rio Tinto springs US93¢ special dividend
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Rio Tinto 2020 underlying profit hits $US12.4b, pays record dividend
Peter Ker
Rio Tinto has blown analyst forecasts out of the water with the biggest dividend in its history after extraordinarily strong iron ore prices drove the miner to its biggest profit in nine years.
The $US5.57 of total dividends in 2020 came as Rio reported an $US12.4 billion underlying profit for the year to December 31.
Analysts measured by VUMA had expected Rio to pay total dividends for the year of $US4.80 per share on the back of an $US11.74 billion underlying profit. The payout was worth $US9 billion.